Arthur State; Quad; 4.0%, 5 year balloon, 20 year AM, 85% LTV, 630k loan closed in 1/21; .39 Fee, Cash outAmeris: Duplex, 3.78%, 7 year balloon, 25 year AM, 76% LTV, 490k loan closed 2/21; .62 Fee, Cash outAmeris: SFH, 3.78%, 7 year balloon, 25 year AM, 75% LTV, 245k loan closed 2/21; .62 Fee, Cash out,Security Federal: Duplex, 4.125, 5 year balloon, 20 year AM, 69% LTV, 260k loan closed 9/20 .77 fee, Rate/termFirst Reliance: Duplex/SFH, 3.75, 5 year balloon, 20 year AM, 80% LTV, 480k, loan closed 4/21; .50 Fee, Cash out

If you have accurately presented the facts, your reliance on the seller's GC was reasonable and their statements to you were plainly fraudulent or, at a minimum, negligently made. 

If a property is in an LLC you are almost guaranteed to pull names and numbers of people not associated with the building at all, maybe even tenants, which will also auto-populate the owner names and change them at will with these incorrect contacts....can be a pain to undue.Overall in my opinion, can be great for individual skip tracing to reference other data, not so much for a large batch and sole reliance.

Long story short policies and things are happening in certain areas that are pushing away strong individualistic or even capitalistic tendencies in favor of reliance on government and lack of individuality and grouping in a way that is almost communistic in nature. 

It talks about all the material participation rules, and how to ruin a taxpayer's day.Having a W-2 job is likely a killer... but at the same time, if that W-2 is not material or if your reliance on that income is not material, then we say go for it.

My short term goal (5 year) is to hit a freedom number and exceed $2500 in cash profit monthly so I can eliminate my reliance on my practice and transition full time to real estate.

, and there isn't any looming threat that at any moment you'll find yourself beguiled by a guru and swept off into bankruptcy. 2) Critique the situation yourself - I say this because you're going to need to get used to self-reliance in this biz.

In my experience reliance on trusts for protection is highly misplaced. 

Cardone's main principles are sound.  1. be invested in workforce housing.   2. more consolidated units, more down-side protection. 3. be careful about reliance on your sfr for equity. 

An index fund is diversified in a way that a single property definitely is not, but with comp pricing in residential property, there's a similar reliance on the tide.