Some great names for you to look up in the multifamily space are:- Joe Fairless- Michael Blank- Michael Becker & the Old Capital Podcast- Rod KhleifThese guys put out a lot of free (and paid) multifamily content you can use to get started.

If a wrap is being used, and the existing underlying note is not assumable, then the note holder can accelerate the note at any time, demanding a payoff in full in a time period compliant with the laws of the state the property is located in.Many states, like Texas have state forms in which the blanks can be filled in to be used for an offer on residential property.

But as someone who has an LLC and had the occasion to have to defend it I want to say that the most important part of picking someone for advice is that you choose someone who specializes in your field. 

I guess I am a little emotional on this because I and my family has had to comfort stereotypes on many occasions in a myriad of situations.

A blank canvas = great opportunity. 

A lot of people on BP can’t talk about real estate with their family and friends without getting a blank stare in return.  

I would ask them point blank if they have a checking account.

Using a zero down VA is my plan for the first property and I may try to do it like a house hack as Brandon has described on multiple occasions.

There would be no taxable gain in this situation and I am still able to claim my deferred losses.Eamonn - please document this rare occasion when we're in agreement  :)Jon - here is another way to describe your situation:Assume that your took $20k worth of depreciation.

There is still the rare occasion that a bank will try call in their note, but once we discuss this Act mentioned above they withdraw.