In my opinion, toying with expenses is the easiest way to "trick" yourself into a deal.

I don't want flipping to "taint" my landlording income, and have the nasty consequences like SE taxes and all cap gains converted automatically to ordinary income.Does simply having the two LLC's do the trick, as far as creating tax status separation?

You, most likely won't be able to deal with the bank until the property is listed, unless you are a wholesaler who knows all the tricks in the book and buy more then one property at a time.

Homestead and other small homes have been a part of that area for a long time, although they are only now getting tricked out.

I know it’s risky because I don’t have a lot of experience or don’t have anyone to teach me tricks besides listening to Bigger pockets podcast but I’m willing to take that risk.

I'm in my 40's so let's trash the idea about old dogs and new tricks - if you're holding the treat of financial freedom, I'll jump through the hoop. 

The trick with Houston is that everyone knows it's hot -- so the retail prices are insane.

The real wonder will be if this formula (here) I purchased from Home Depot will knock out the stump afterward.I got 4 of them just in case one doesn't do the trick.

I'll try the food coloring trick in the toilet, thanks.

For example, when they don't pay their rent, you can't always just send them a letter and expect that to do the trick.