Here is a fantastic podcast about a distance investing and managing, and hopefully will encourage you that you are not limited to your geography.http://www.biggerpockets.com/renewsblog/2014/08/28...You may have already read the UBG, but if not, do it!  

He get cash and probably additional payments from you, it's a buy out of the LLC rather than a Dodd-Frank issue, but that's not to say the powers to be couldn't call it a method employed to avoid the Act, another aspect is there is nothing else in the LLC, it's not really a going concern, but there is nothing illegal about accepting payments from a partner buying you out, it's is a commercial loan which avoids the issues with the Act.....it could only really be questioned if you were to reside in the property.

I've had some fantastic 2 - 3 year tenants!

@Joshua Dorkin That would be Fantastic.

I am looking into purchasing a second investment property within the next month and am interested in some advice on the method of finance.

What we talk about here mainly are strategies, methods, of how pieces fit together.

We've had a fantastic landlord experience so far and are excited to keep the momentum!

It has been a fantastic experience so far (probably because we've been fortunate enough to rent to responsible grad students).Here is a before/after of that first project:Coming from Los Angeles, the only properties there that seemed even remotely affordable were multi-families where we would live in one unit and rent the others.

My method has begun improving and I'm trying to automate parts of my decision making.Every month I get a new list.I find comps, run ARVs, and repair estimate for each property. 

What methods provided you the most success in landing new investors4.