Hello, I was reading the book and was wondering if you can share the link to download the flow chart income/expense. 

I would also callout that my business partner wants the loan out of his name since it is impacting his Debt to income ratio for other things in his life. 

If I were in your shoes, I would do the following:- set 6 months worth of income aside in a HYSA to save it for a rainy day (this will help shield you if you lose your job, or if something goes horribly awry with your investment properties)- open a Bank on Yourself life insurance policy (this is a specific type of high dividend paying whole life insurance where you can borrow against the cash value in your policy at any time and the money will continue growing as if you never took out a loan.

If so, the LLC could be a good route to go to separate the expenses and income from yourself, and treat it as a separate business.2.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

If you invest in areas utilizing government funding Blue states will outperform Red states because they typically have more funding for low-income housing available.

No income this year, but did have expenses, so I want to capture the loss and carry it to 2021. 

If I don’t get good applicants ( credit/income) by day 7 on market= price drop. 

I work full time in a welding shop to have proof of income, so I'd be able to get my fha loan.

Don’t you want/need the SSN for a decent background check and income verification?