@Ben Feder commercial asset types like apartment buildings, multi-family Self Storage are so specialized I strongly recommend to anyone who's serious about that asset type go to away well recognized trainer and often you got to get on an airplane and pay large fees.Anthony Chara I one of the top multifamily trainers that I know of.Weather 1500 what's the value or not is entirely dependent on who?

Half the battle is recognizing the signs that the correction is coming. 

Become knowledgeable about landlord-tenant law for your jurisdiction, to guide you in doing things lawfully and to also shed light on recognizing when tenants are saying bogus things. 

My tenants cover 93% of the PITI of primary residence (70% of PITI under FNMA's 75% standard), but the bank is not recognizing any of this income because on the whole the property isn't covered 100+% by tenants (I rent 2 of the 3 units, live in the last with 2 years of tax returns available).Question:Why is the bank not recognizing any of the income, but in turn are recognizing the full amount of PITI against me in the DTI calc?

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

While some states have better protections for LLCs than others, when it comes to real estate courts only want to recognize local protections.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Are you good at recognizing BS and calling people on it? 

Unlike traditional real estate notes is something that is easy to do from afar since you do not get access to the interior anyways so there is nothing you can physically inspect.You are correct that you will get $500-$600 a month in payments but also recognize its taxed at ordinary rates... 

Therefore, you are recognized as a former, legal owner of the property, even if it’s only for an extremely short period.