If your a buy and hold investor, are you planning on putting the properties into one persons name and getting traditional (30 year) financing (traditional mortgages are for individuals, not LLC's) An umbrella policy for a few million is a cheap way to take care of liability, and even if you have it in a series of LLC's and your 5 entities from it, if your involved in the rehab, and someone gets hurt because of neglect or something you should have know, you liable...and if your managing a rental and something goes wrong, your just as liable.

This way, you're two individuals investing in a deal ... buying the house together, splitting costs, etc.

I went to this seminar a few months ago on Long Island.They are selling a $2500 package which promises a weekend seminar and coaching, with all the extras like finding lenders, etc.

And it's not just the letter of the law, it's the court's interpretation, and how many extra chances they give the tenant in an eviction proceeding, etc.

In order to be an eligible borrower under FHA you need to be Legal Age (18 or older) or married.There are also maximum allowable loan limits that are set by individual counties.

We also do not have very much capital and the extra money would be very helpful.

In my area it takes 30-60 days extra to get a sec 8 tenant moved in.They make the tenant jump through so many hoops that they generally dont want to move.

But like you said, there's too much extra stuff on this so I'll just let it go.

The extra money it would cost when it's time for repairs is just not worth it!

To justify this type of system, I'd say it would only have value to the biggest funds out there holding thousands of assets, the Macro seekers, not the Micro.We've spent years developing this system and we still have anomalies and output failures (false positives) when you look at individual outputs.