Could you please explain the FHA loan and the benefits of it concerning starting invested with a small amount of capital (20k)?

Find a mortgage banker that will give you credit using the lease agreements.You should be able to do a HELOC on your primary residence to get to 90% LTV.VA loans will let you go to 100% LTV as long as the loan is within the county limit and you have benefit available to cover the loan.

Below are what I know as options.1) Conventional - My dad gets the lump sum, but I don't get any benefit 2) Land Contract - My dad wins the "long game" with financing it to me, maybe he'd offer a price break.3) Living Trust or Land Trust?

You may want to visit with them face to face and share your desire to be a benefit to the neighborhood.

So those small business who is having turnover of more than 10 lakh a year can start LLP to enjoy additional benefits.

You will essentially be living for free as the rent from your tenants will cover your mortgage.  

I really want to know about forming an LLC so that I can get the tax benefits for all the improvements I have made to this house to prepare it for renting. 

My main focus is to learn about investing and use my broad connections so I can create relationships that benefit the both of us.I look forward to chatting with all of you!

LOTS of lookie-lous and showings are non-productive for both me and the applicant.Another benefit is the application shows their income and that's a  prequalifier to being accepted (no, this does not include CR/BG reports) as I require 2x the rent. 

I would like to speak with you and maybe we can benefit from each other.