That’s half the cost of Prime’s reduced rate.2nd, like everyone is saying, the cost of setting up and LLC is less than $100… closer to $50… if you just do it yourself through the state (not complicated).3rd, if you want someone to help you draft your operating agreement, hire a local real estate attorney and it will be significantly cheaper than $1660… probably cheaper than $550.4th, if you want someone to do your taxes and help you get your max deductions - talk to a CPA who specializes in real estate and they can review your operating agreement to see if you’re setting yourself up properly, and they can do your regular taxes… and be cheaper than Prime. 5th, a separate CPA can work with you regularly to review your investments and strategies to determine good tax strategies as you look to execute any deals. 6th - don’t lock yourself into a crazy subscription model before you start making money!!!

Reponse rates have been okay but not great.

Get a good cap rate basically covers your financing and ideally 20% more for maintanance, prop management fees.

Tax-wise, profits are taxed at your ordinary income rate, and frequent flips may subject you to self-employment tax if classified as a dealer by the IRS.

In the long term  expect RE to appreciate at a rate equal or greater than CPI.  

He did try to work with me by extending my time from 6 month to a year which led me to ask him question about his turnover rate and success rate of his mentee.

Finally, what’s the rate of return for alternative investments? 

These areas might have higher property prices, but they can offer premium rental rates and higher occupancy.

Hence, this is maybe why your occupancy rate is dropping nowadays. 

Plan to make some tenant improvements to push rents closer to market rate for the area.