Hi Scott,So basically theres a condo in to a very good complex that I want to buy and rent out. however the HOA only allows 12/60 units to be rented. its extremely rare for a unit to become available to rent and when it does, every unit gets entered into a raffle to see who gets the rental status.this unit I'm buying is being sold by the original builder of the complex and so has an LLC that allows it to be the SOLE exception to the 12/60 rule and therefore is the 13th rental allowed. now this unit is the only one left under the LLC and so the owner is willing to "sell" me the LLC in order to keep rental status.

And it certainly has become simplified since I dumped my publishing business and sold a couple of properties.But I will say that an extremely experienced CPA I used back in Texas a decade ago once said, "I'm sorry to put it this way.

Hi @Will H.Yeah I know NY is very favorable towards tenants, so that is why they need to be extremely cautious.

I would recommend extreme caution.  

I am extremely curious about moving my old 401K (prior employer) into an account to start low level lending, note investing, etc.

Foundation issues are extremely common in Milwaukee and surrounding areas. 

Hi BP,I'm extremely new to this but I have made the decision to purchase my first investment property using the strategy of buying a single family home and renting it out.

That is extremely high.

They won't let me pay for the $3,500 appraisal, which understandably has to be done before closing, directly to the appraisal company.I've had an extremely tough time finding a HML in Ohio for big multi-family buildings so I'm prepared to go on gut feeling with Blackburne.  

Extremely inspirational.