So i ask for them to update it so it reflects correctly.

That is why I have been advising my investor clients to stay patient, keep cash liquid, and line up financing ahead of the inevitable correction window we will likely see in the next two quarters.I would be interested to hear what markets or property types you are seeing your buy and hold clients shift toward lately, especially if any of them are reallocating from flips into long term holds or small multis.

You are correct, I don't have a W2 and my girlfriend is a pro athlete.

It has to be done correctly, but it works. 

Wesley gives the correct answer.

Okay, so to make sure I understand correctly, we can use the LLC for the loan but it will be based off of our personal credit score but not our income, the rent rolls income, is that correct?

Secondly- the listing looks very tan and brown, somewhat sterile.

You have to foreclose.I'm not sure what your definition of a JV assignment would be, because that can mean a multitude of things.attention lurkers, just because a recommendation has been made, does not mean it will be implemented correctly without training. 

If I analyze, study, purchase, renovate all the properties for myself (not other investor), it is considered "materially participated correct?

History shows us that it's not a matter of time before it all corrects: US home prices have doubled from 1965 to 1975.