I pay my children through my LLC with a standard, regular paycheck. 

I rehab older homes regularly I’m very familiar with your situation.Vinegar is very effective but the carpet has to be removed and floors mopped throughly.I always use oil based paint primer throughout the entire house then I repaint with my desired color.

I never do anything expecting to get time with them out of it or to be able to ask them questions, but over time many of these investors have organically become part of my ecosystem and people that I regularly text with or grab a bite to eat with when we're in the same city.

Also after being a landlord for 2 years banks will look at ~70% of your rental income as part of your regular income.

One for my first house, one for the HELOC converting into a regular mortgage, and one for the second investment property? 

Although it's "garbage in, garbage out", as long as it is used properly, regularly, and in good faith it meets the contemporaneous records requirement for mileage.One of the lowest hanging fruits in an audit is disallowance of mileage which is not supported by contemporaneous reports, or for which the reports don't appear to be contemporaneous. 

Hello everyone,I fund the Dovetail creators' back to back transactions regularly.

I see them come and go regularly.

Don't know the rationale, other than they don't want to be making riskier and burdensome renovation loans to investors that already have a lot of leverage.That said, I don't see anything that prevents a regular Homepath mortgage (no renovation funds) from being a 5-10 mortgage.

To simply say manage is a broad scope of business but is also rather limiting as you may want to buy and immediatley sell a property sometime, that may not meet the scope of business to be conducted and thereby lose the benifits of your LLC if something blows up in such a transaction.Just saying, I prefer to cover the bases specifically, buy, sell, trade, exchange, construct, repair, improve, demolish, develope, lease, sub-let and manage, borrow, advance or lend money and to do all other things necessary and/or related thereto as allowed by law.Doesn't mean you must do those things, just that if you do, it is within the scope of your regular business to be conducted.