@Kathleen Wilcox be really cautious about offering a 5 year lease with option, Due on Sale Clause IssuesHere are the exemptionsd) Exemption of specified transfers or dispositions With respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, a lender may not exercise its option pursuant to a due-on-sale clause upon—(1) the creation of a lien or other encumbrance subordinate to the lender’s security instrument which does not relate to a transfer of rights of occupancy in the property;(2) the creation of a purchase money security interest for household appliances;(3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety;(4) the granting of a leasehold interest of three years or less not containing an option to purchase;(5) a transfer to a relative resulting from the death of a borrower;(6) a transfer where the spouse or children of the borrower become an owner of the property;(7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property;(8) a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or(9) any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.

You can always inquire with an corporation creation service like incorporate.com and the many others and get answers from the experts.

--Likely should put "no preference" to the corporate owned selection so it includes LLC purchases-- Click purchase list, but on the checkout screen, choose "partial list" and the you can sort custom by zip code.  

You should not use your name (first and/or last) in the name of your business (LLC, corporation, etc.) 

Programs available may work in concert to pay costs up to a qualifying level.Very low includes shelters as well, there are HUD grants as well as public, not for profit organizations, religious and private foundations and generally carry corporate sponsors for non-profit housing providers.You may also be speaking of the more lucrative side of low-mod housing under Section 42 of the Tax Code.

All this, in this thread is IMO, I'm very familiar with RE license requirements and there are no exemptions for retirement accounts, they apply to "any individual or corporation".

In order to properly be prepared for a loan its best to get the below areas reviewed WAY in advance of ever needing the financing (12+ months in advance):- Schedule E (rental properties and passive income)- Profit and Loss - year to date - to make sure trending income is same as prior year and or higher otherwise we'll be using "worst case income year to date / total months to date"- corporate tax returns (1120 c corpporations or 1120s s-corporations)- underwriter will review the balance sheet to make sure there are no short term liabilities that will come due that could affect the "cash flow," of the corp or LLC/entity because if it does it means the borrower may not be able to pay the obligation thats being applied for etc.This is the reason why there is a need for stated programs is because most lenders are people persons and sales people not financial analysts.

Are wholesalers considered independent contractors, or do you form some sort of entity ( LLC, Limited Partnership, Corporation, etc.)?

Also, any idea about possibility of making it a fully furnished or "corporate" rental?  

You can also set up your business as an S-Corp (even more protection overall, it offers the benefits of a corporation but you don't get double taxed with the S election the way you do a C corp) and that S corp can "own" each of the LLC's that each hold one property.