I am looking for someone that will allow me the opportunity to contact them and ask some questions about buy & hold properties out of state.

I am looking for someone that will allow me the opportunity to contact them and ask some questions about buy & hold properties out of state.

I have a successful IT consulting business that has and will hopefully continue to allow me to purchase rental properties with after tax money.With all that being said, I understand the model is about  purchasing properties, refinancing, and going back to purchasing more properties.  

Prior to going through the effort of getting your license, you may want to locate a BIC in your area that will allow you to operate as an investor under their license and guidance, once you get your license.  

My loan officer suggested creating an LLC and buying houses under the company name and using me as the personal guarantor, thus allowing me to own/control four more.

This allows us to invest more money and increase our wealth.

The short term lease though allows you to adjust rents if you feel it's warranted as well. 

Most banks that sell the note to Fannie or Freddie will allow 4 or 10.

I found that HUD allows rent of second unit to add to qualify income, so i still get hud buyers, not just investors.Guy 2 lot next door is building new house and he says i should get $350k for property with second unit.  

In addition and along the same lines, there is no provision in Colorado law allowing the new owner to boot a tenant so that the new owner can occupy the tenant's unit.