Hello BP Members,I'd like to get feedback from OWNERS operating their own SELF SUFFICIENT/INDEPENDENT real estate investment business, regarding the best entity structure of choice?

If it's basic day to day items, and if you don't store tons of photos / videos on it, anything with 8GB of ram would be sufficient in today's market.

Although i have reasonable amount of cash to get this business off the ground, i just struggled to get the numbers to work (ie sufficient cash flow from buy and holds to support my life without a W2 job). 

In today's economy it's better to either own apartment complexes (which don't require any experience) , Fix and Flips, or Quick Flips.I do believe that real estate property ownership is a game of quantities and how many offers you make will effect your success. 

Protecting their credit score is sufficient motivation for most high credit score tenants to play by your standard lease rules.Low income tenants are playing by different rules.

I would take a look at your management agreement there may be a termination clause and possibly termination fee I would also take a look and see if there is a 30 day notice required I think probably something in writing should be sufficient but again verified by looking at your contract 

I'm not worried about making less money, but I am worried about being on the hook for out-of-pocket costs on large quantities of real estate. 

Seems like that would be sufficient proof. 

Based upon this I would look at an actual dollar amount, not percentage that: 1) enables you to live in a safe neighborhood and decent schools district, is modest in size and fixtures, and has payments sufficiently small that you are still able to invest at least 10-20% (or whatever your target is) of your income. 

My guess is your original contract with the seller is not sufficient.