Well, the first problem they have is that the code of ethics of the NAR, as well as most state licensing laws, requires the licensee to treat anybody they deal with “openly and honestly”.  

I have seen the argument for over 3 decades and you can just pick it up from the Tx Occupations code bc some think I made it up.

My approach doesn't require any special expertise in trades to make the estimates only that you are honest with yourself about your estimates.

You will subscribe to a higher code of ethics, setting yourself apart from the rest, particularly those that just dabble in management.3.

At various times during the past 25 years he “specialized” in oil and gas drilling, franchise sales, surgical center investments, office centers, start up incubators, vitamins, mobile washing equipment, cemetery syndications, residential mortgage brokerage, commercial mortgage brokerage, insurance as an investment, long term care insurance, and property development in Mexico.  

Some agents even specialize in foreclosure properties.In some cases, banks may prefer to facilitate short sales if they believe it will result in a higher selling price than foreclosure.

48224 is pretty good zip code $100,000 as your total all in investment just to make $1,000 is a little high.

I recommend finding a tax strategist who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

They specialize in rentals which is nice. 

Setup costs vary: Tier 1 (online services like LegalZoom) costs $50–$300 plus state fees (~$99 in Ohio), Tier 2 (with an attorney) costs $500–$1,500 for tailored structuring, and Tier 3 (with a specialized attorney and CPA) starts at $2,500 for complex setups.LLC will not save any taxes and would still be reported in your personal taxes if LLC is SMLLC.