Contrast that to the bond market--the source of movement for all manner of interest rates--which frequently moves more than 8 times in any given second.In other words, the financial market is able to make its move well in advance of the Fed and that's a substantial part of the explanation for the drop in mortgage rates seen over the past year.

What about one of those 10 x 10 Home Depot storage barns?

I am an investor based in Fairfield County, CT and just rejoined BP after many years away.From 2005-2011, I got up to ~150 units in SF & MF both rehab & new construction, Class B & C, but (regrettably) sold all to focus on institutional real estate and private equity.Since selling off, I got an MS degree in real estate and participated in most asset classes institutionally ($10-250mm+) with a focus on SF & MF.

Sometimes a BPO does not get us comfortable enough with a property and a full appraisal may be required dependingon project size and other factors.

Thanks for all of yours' suggestions!

This ones a Private/Hard Money Loan 65% LTV is probably your cap on this one

It sounds like you are mashing a lot of different things together here.It does not matter at all if you have an LLC, or if you, or your wife is the owner - it doesn't change any of the tax positioning in the slightest.The test to be a qualified Real Estate Professional is at least 750 hours in real property trades or businesses AND  over 50% of your professional time. 

Also for those with section 8 experience, how much work is usually needed to pass inspection, how long is the property usually vacant for and where can I find assistance for the steps along the way and all the paperwork.  

Hey guys, this is my first post here and I'm still very much in the educational phase of my investing career (I guess one always is).

My biggest one would be leveraging my VA home loan in about 3 years.