Be sure that you highlight that "selling your house can be easier than you think" with the advantages of working directly with you instead of the more traditional route.

The judge comes to understand that you're not a tool with money, and that you're not going to go to court over a childish, prim contract squabble but over something where someone is clearly in the wrong (the tenant) and someone is clearly in the right (you).By traditional measures, I don't live in an LL-friendly state, but over time, as I have shown that I understand what I do and I'm not a tool with some money, things have gone my way.

I'm loathe to deal with a traditional bank just because of the strident lending conditions that are involved.

I'm not the traditional salesman type, which I'm seeing get brought up here, and my background is in operations and, oddly enough, sales.I do have a degree and that degree got me in the door to work under the top-producing Agent in my market and learn from him. 

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

Depending on the area, Townhomes can be just as, if not more, profitable than traditional SFR.

My realtor let me know that a traditional FHA loan may not be an option, and perhaps a 203k loan would be more suitable.

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

Neither is a right or wrong strategy but you need to weigh out how each strategy fits your lifestyle and goals.An Airbnb may stretch your profits but comes with higher vacancy risks, higher overhead/operational costs, but most importantly will likely take more of your time.A traditional rental may yield a slightly lower return when comparing one property vs one property, but also may be less time intensive and may scale better (particularly if you outsource the property management).

Interest rate in traditional mortgage may however be lower than interest on HELOC but you write off the interest paid as an expense.