If there are mulitple borrowers on the application, then all of the properties have to be totaled up.

If so what would be the case if I issue a certain amount of money each month to myself, would I have to file taxes twice.... once for the amount that was issued to me in total and again for the amount that was made and not distributed by my LLC?

I own and operate 3 small buildings with 8 total apartments.

I am a total newbie, but it APPEARS that its just like having gauranteed renters for the first 5 yrs?

At the end of the tax year, you're total income will be determined.

(I have removed the rest of this paragraph giving a full explaination).I do however totally agree that there is a lot for me to learn and this forum is a great resource for information.I have removed the rest of this paragraph in order to avoid breaking any rules or causing offence.

Ultimately what you are going to present them with is the total dollar amount they will receive from a short sale.

I currently own 3 residential investment properties with a total capacity of 8 rental units.

You can each decide what you want to do going in and exiting each investment and have total flexibility as you go along.

I read a bunch of articles last year about the guy from flip this house in atlanta (Sam Leccema) being a total fraud, and they had a news team go through one of his rehabs that supposedly sold during the open house for a profit.