Congrats on the success you've already seen and look forward to following your journey!

I haven't done the due diligence yet or followed up with them about that vacant rate yet .

@Aaron So unfortunately Freddie Mac will follow the 50% unit occupied by owner rule. 

. , if you're following the manufacturer's instructions as outlined above, then your installation will be ok. 

My question is as follows: is it reasonable to sell this note at a slight premium (ie. say 5% to 10%) to the unpaid balance due to the higher interest rate and good collateralization?

Since I have new tenants moving in the following day, I wanted to get a cleaning crew through there and take care of some really minor repairs.

During lulls contractors take smaller jobs but while working on yours when a big job lands in their lap yours getting finished suddenly gets pushed back.

Someone was advising us that we should start and LLC but I am under the impression that anything bought through an LLC would exclude us from conventional financing and push us into the commercial loan zone.

The questions above most brokers/agents that are experienced aren't going to give that the time of day.That kind of stuff is usually pushed by seminar guru's telling investors to find (new agents) that are hungry and will do almost anything you want to try and make a sale.

I would suggest interviewing any lender with the following questions to see if they are friendly to investors: When do you start using rental income to help me qualify?