He knows the loan will pay and they won't default because he knows they're solid. 

Selling to you could begin to feel like an appealing alternative to dealing with the hassle of re-renting the home.If they’re open to selling, you can share what you’d be willing to pay based on your research and pre-approval.

The only purpose of the account would be to collect payments and pay bills like taxes and insurance on assets held by the LLC.

You pay on those gains. 2.

Because, for instance, if I am flipping a couple of properties and I am in the middle of the rehab, but it will take a couple of months for them to get finished and sold, I may be paying $4000 on hard money debt payments per month, and if that debt is included in whether or not I will qualify for a refinance, then I may not qualify.

It is a small town, definitely a tertiary market right now, but that is where opportunity is going to be found.I think LTR, in the right location, can provide enough revenue annually to cover all holding and leverage costs while the resident pays down the principle and the demand in the city sustains slow and steady appreciation. 

I would stay away from section 8, pull credit and background, and call referrals, and look at pay stubs for everyone who applies.

I was studying the market and my rent will be just enough to cover the mortgage and HOA fee now I might to pay out of pocket for insurance but don't want to sell it yet because the area is growing and might have good appreciation in the years that follow.

So my insurance was paying $6200 a month for "barely" furnished 2-2 apartment new the Arboretum. 

Also, if you are a minority, WRA has the Partnership for Success program, which helps pay for your start up costs.