I'm following this post because like David, I have great interest in starting a 5-6 room non-medical independent living facility.

., I am hoping to go in next week and speak with someone at Frost and also Independent Bank.

If you're a salesperson your ICA, Independent Contractor Agreement with your broker will detail whether you have to charge yourself or not.Also keep in mind, regardless of payment to yourself, the legal requirements remain the same.

Check with each utility to confirm you can have the additional accounts in a tenant's name.In our North East Pennsylvania location, the water companies will allow a separate meter, HOWEVER, they require a separate water main from the street hookup to the additional house meter so they may control each meter on the property independently of the other(s) without entering the dwelling.

Also, in my area, the associations often have websites where they publish their rules.

As previously stated, one tenant does not have the authority to remove the other from the lease independently.

Because the 0% interest rate was coming to an end on the first of my credit cards through Fund & Grow, I sought a second round of funding through them so as to maintain a 0% interest payment on the funds going forward...still had to make the minimum payment going forward which at that time had accumulated to about $1000 per month plus property yard maintenance and taxes.Hoping that Clayton would do some of his magic and get the house built, screen some qualified tenants and get some cash flow going to be able to satisfy the payback of the credit cards until such time that I could get the new house independently appraised and financed through a traditional mortgage which the cash flow would have easily covered according to what Clayton promises in his podcast relating to the new construction builds. 

. - Buying a larger home for growing family with evidence of increase in dependents and 25% equity in current homeCheck in with @Joseph Chiofalo, he's a great friend and top lender nationwide for 20+ years.

My goal is to utilize a long-term rental portfolio to reach financial independence. 

Did you purchase these with the team or independently?