The plan is to live in it for a year save money move out and rent the property and rinse and repeat for as long as the bank will let me (I read they will only let you do this for 3 or 4 houses.)My wife is scared of having 3 or 4 loans so she wants to try to pay the first house all the way off then proceed to purchase the second one thereby collecting most of the rent as profit, me on the other hand I want to put just a minimum % down purchase a property save up money for another down then moving to the next property and renting the previous property out and then doing that 2 or 3 more times until we have 3 houses where the mortgage is paid for by the rent each month with a little bit left over to save.

My question would be is there anything negative on the report such as collections or judgements, this is a huge red flag. 

They are responsible for either forcing the contractors back, collecting from the contractor, or paying out of pocket to repair the damages.

Last year NARPM was doing monthly surveys of their members and they found that well over 90% of the mangers said rent collections were very similar to the previous years level.  

It took us a few years to collect the money for the construction, and for the design and plans.  

It took us a few years to collect the money for the construction, and for the design and plans.

If you assume control of the house, then they will probably do nothing and you can live there or collect rent. 

Collect income via LLC and pay yourself a W2 via your LLC.

Will also see what feedback I can collect from viewers. 

Yes, it's very seductive, with easy-to-use data range sliders, impressive-sounding calculations (like "pro forma cap" and "50% rule cash flow") and pretty charts and graphs.But here's the problem: There's almost ZERO context provided anywhere on that report to make sense of all this info-noise.