Obviously, each bears certain risks, and usually the agent would advise on these topics in the beginning.

That's correct, I spend $140 per month on QBO ($90 for one LLC, and $50 for the other) plus my bookkeeper that averages about $500-$600 per month.Great idea, and yes I would do a trial for a few months using both.

I think it's usually good to try to scale, so I like the idea of trying to go from 1 to 3. 

Go search the topic "Lifestyle Asset University" here on Bigger Pockets and you will see a longer thread with a lot of opinions (most are not members) but still worth a read as there are a half a dozen paid members from our group who have commented on that thread.We were formerly called Lifestyle Asset University, but I didn't realize that you couldn't use the word University in your company name here in Utah so we changed our name to Vodyssey. 

House gets foreclosed on when a borrower is not paying its debt obligations - typically its mortgage.buying foreclosures is not for the faint of heart as you have no idea of the interior of these properties lastly while it can be beneficial also realize if there are a lot in an area those homes are the new comps when trying to sell so it lowers home values in an area 

Or any ideas of where I might be able to sell this unit would be super helpful.

@Caleb Brown I like your idea about buying as many properties as possible while we're young.

-Juan PabloNo clue about your program so no judgement there.. although reading from the posts on this thread.. and given the white hot market for MF the idea that folks that need credit repair or to get cash through credit cards are going to be financially viable to buy MF is   well not sure what that is other than some may say a pipe dream..

But I like the idea that everything's under one roof with their Platinum package and get unlimited consultations, emails from their legal team as opposed to billable hours.

The thread addresses a different topic, the Real Estate Professional status, but the same principle applies to the hours in both contexts.