you must use attorneys there.so i think in my mind you simply contact a good real estate attorney who does private lending work.. and get referrals from them.. and or they hold your hand as you go through the first few deals.basically your equity lending.. so thats the most important part.. then your ability to read a title commitment is important. 

Buying subject to DOES NOT give the buyer any ability to back out. 

send me some  prayers if he makes a remarkable difference in your investing career.

I think the hardest part would be the qualify for the rental property loan "as is" (ability to afford two mortgage payments at once).

@Richard Richard  @Elizabeth Colegrove The wrinkle in this is the shift from FHA to private finance - the contract states a mortgage commitment date and the sellers ability to back out if I do not meet this until it is met.

Overtime, flexibility and overall ability to see all the angles will be easier for me to grasp until then I rely on sources like BP to give me guidance from all different perspectives.

Your perceived risk of pulling your cash out of a property is handicapping your ability to be a successful investor.

Is there a point where collectively, the LLC has income X and current mortgage debt Y, and X is >> Y, hence another RE loan fits within the LLC/partnership's ability to handle and I don't need to personally guarantee this?

I would not go more high tech then a battery non internet lock because when you get into the smart phone type locks like August and nest in a situation like this the online ability to track entry and exit may introduce questions regarding who can access that information.

In general, some lenders may be more amenable to approving loans for individuals who do not have a long employment history, as they may view this as an indication of your financial stability and ability to repay the loan.