Lots of low income people are essentially no income, living on SSDI or SS income, usually pretty close to the edge.

Some regulations are ridiculous, but some actually do have value when it comes to health and safety.

Some bank lenders will essentially override your numbers and use their own for some of the key vacancy/expense assumptions (particularly vacancy rate, maintenance, capital reserves, and they'll add management if you are self-managing).

The investors that show interest in the properties are essentially mine, they'd contact me, and I'd put them onto his properties.

A real estate professional will be able to deduct the full amount of tax losses against ordinary income since it is essentially that person's business.Example: You own a apartment building and you have a tax loss of $30,000.

Heck, i know plenty of handymen that essentially LIVE in some of the properties during the renovations just to help prevent theft.  

Thats essentially 30 to 35 bucks a month less in profit to help me preserve coming out of pocket about 30 to 40k for a typical deal (i.e. 30% down plus 15 to 20k rehab).If you are looking to grow a portfolio and/or you don't have that much capital, then I strongly recommend you consider this model.

With an FEIN they essentially have no recourse, if you use your personal SSN they can possibly argue successfully in court that you have pass-through liability.

Has anyone experienced a scenario where you and the buyer essentially agree to a short term sub-2 deal (let's just say 12-24 months, balance at the end), at which point you would then perform a cash out refi?

In fact, its essentially the same calculation.