You aren’t treating all applicants equally. 2) Why aren’t you requesting they get a SSN now?

Quote from @James Friar: Hello bigger pockets family my name is James and I'm fairly new to real estate investing, ive been educating myself on kinda how things work (the lingo, terms,concepts) and still trying to figure out the process of this feild and after watching so many videos and listening to other investors experiences i decided that i would like to take the new land construction route, i was just wondering if anyone could point me in the right direction on how to get my feet with this process.

Living in Portland, buying a rental property out here is a financial non-starter and some of the things I've heard about being a landlord in this state aren't the best, so I have been looking to invest out of state. 

If you do a Wrap, aren't you violating the note's Due on Sale clause?

Ok, yes, people should have more common sense but is that truly their fault, or fault of those who were tasked with educating them? 

They would both allow you to pay off debts to qualify, thereby lowering your DTI.Why aren't you pursuing one of these?

The landlords aren't the ones voting them into office.

One advantage of using a HELOC is that, from a tax perspective, the funds you draw aren’t considered taxable income — it’s technically borrowed money.

*A few small habits — separate accounts, clean books, and talking to your CPA before year-end — can make a massive difference.Taxes aren’t about loopholes or tricks.They’re about getting organized early and using the rules the way they were written.Curious — when do you usually meet with your CPA?

One issue that I see with padsplit in Houston is that the people are very dependent on cars.If you try to have 4 people live in a 4 bedroom house and each person has 1 car. finding parking might be difficult for the tenants.The second issue that I see is that the rent's aren't that high compared to other cities making it less of an incentive for people to want to share a place.