"No ma'am, your home is NOT worth 110% of ARV simply because it is yours and it smells like your wet dog."

Reason why is that you'll need to understand how to structure the LLC based on whether they will be equity partners, or if they're simply loaning you money.I would first figure out your strategy and then start putting the items in place to take in money when you're ready.

Otherwise, you're looking at deals you can't pull off.If you have no rental experience, they won't be simply relying on the property but you more so, so get prequalified. :)

The best move-in special is something that adds value to the apt too (i.e. a cutting board so they don't scuff up your counters or a ceiling fan installed in a room)- find somewhere else to advertise your rents (from another BP post I learned about rentlinx.com and it's a great tool I use every day)- do a resident referral program - give them money (that is less than the lowered-rent option over course of a year) for someone they refer who signs a 12-month lease- crazy tip but always have your rent prices end in a $9 - there's a lot of studies that support this and you get the most out of your rent as possibleAt the end of the day, if your rent is way higher than everything around you then you'll simply have to lower it.

Students can be quite harsh on rental properties and, unfortunately, have a fairly high rate of skipping out on rent and simply moving, leaving properties trashed.Thus, it works both ways in terms of landlords/management attempting to maintain properties for students but simply becoming weary of having to repair again and again.

The link is in my signature.Diamond polishing the concrete is cheaper than hardwoods, but more expensive than simply staining them.

If the lenders simply want their money secured against real property, you may find it better to secure second liens against other properties you own (avoid using your residence if possible) .  

Such a quid-pro-quo deal is simply inserting someone who is not a disqualified party to your IRA as a means to indirectly use your own IRA capital to benefit yourself.  

It is about 2 years since I have been investing, and will be concluding 8 deals by the end of this year.I have listened to all the podcasts and read forums actively.

I simply run everything I do by my Broker and ask is there any issue with it.