Many people never pull the trigger to get the wheel rolling.

Fannie loans need to be titled in your personal name (some folks do a quit claim to LLC with Fannie loans, but that may trigger a due on sale, although a rare possibility). 

- Currently own and operate 2 LLCs for a Real Estate business and Multi-Media consulting business - I own 3 single family homes that I rent along with experience building 2 tiny houses- I understand how to create LLCs and work with lawyers to create legal foundations for partnerships- I am able to easily work with others and am also very patient  when it's necessary (I do not operate on emotion, but instead continue to look for other opportunities while a certain one may require patience at that time)I am looking to work with:- Experienced investors who when presented an analyzed deal would be comfortable reviewing it and working with me on acquisition of ownership whether it's local or somewhere in an emerging market in the USIf you are interested in networking with me, please feel free to PM me! 

Have I repeated the trigger phrase "high-level" enough to convince you yet?

Often the permits are the triggering event, sometimes a sale is (in MKE propper), sometimes not (most others). 

Thoughts @Albert Bui or @Chris MasonFrom a residential lendin stand point properties only do not count if your name on the title and the mortgage note are in another entity and mortgage note does not show a personal guarantee.There are different takes to this because the underwriters still see 18 properties on your schedule E and this a gray and this is where the art and science of being a lender, investor, come together.The underwriters in 99% of cases don’t get that LLC’s can be taxed in multiple ways and your lender will have to explain that to them (sole prop, Corp, partnership, etc).When an underwriter sees properties on a schedule E they assume you own it personally because they are used to seeing borrowers who own properties in their own names on that schedule so they assume the same.One solution ive seen used and discussed with multiple accountants and attorneys is to file your LLC as a partnership (form 1065) and have one of your other entities own 1% of your llc while you own the other 99%. 

In theory they could use one drop of water and trigger another 7.5 on the chart, or use 7.4 gallons and not trigger a reading at all.

Use partnerships, you leverage your time and find somebody with the 20% down who wants to just finance, then refinance and add their investment on top of your loan and pay them back and own the property out right.

I think they are excellent for that and I have considered just turning everything over to them, but just can't pull the trigger because of their fees and some other limitations.

Which situation below would most like trigger an audit from the IRS?