If you are single or married without kids and an understanding spouse.

If you are single then it is even easier.

That price for a cost segregation study is on the high end for a single family home 3.

That means on a $500K single-family flip with a $200K rehab budget, you're paying $40K-$50K in carrying costs alone.

This is the reason I only invest in long term single family homes with at least 10% cash on cash return & stable cash flow.

Purchase price: $242,500 Cash invested: $13,450 Single Family Cape Cod - Value Add - Short Term Rental - Long term hold What made you interested in investing in this type of deal?

For this reason, I typically recommend using series LLCs for single-family homes, where the structure can be more practical, and keeping commercial properties in their own separate LLCs for simplicity and to avoid unnecessary complications.In terms of management, I always advise structuring the series LLC with a separate management entity to address the concerns you raised.

My portfolio consist of duplexes and single family homes, and one STR, however this will be my first renovation other than minor touch ups. 

We are fairly new to real estate investing with one single-family, cash-flowing property under our belt in Augusta, GA.

I have REPS by actively and materially participating in my rental property portfolio, and also work as a real estate broker full time (1099 collecting commissions through a single member/purpose LLC) from buildings I sell.My losses from my rental properties (LLC #A) largely offset any federal and state taxes from my brokerage business (LLC #B).