Hoping to get help from like minded people.After lurking in the back ground for years, we recently started purchasing property in the greater Birmingham area.  

Like everyone else stated with appraisals, it will be curtailed to your scenario.

@TJ Dittmar What would something like that rent for per month, $1,800?

I like @Chris Seveney and @Shiloh Lundahl's concept for a fast sale that you can do a lease option on.

Kind of like the IDF paying Hamas leaders housecalls. 

you'll probably still need something long term like software as others have suggested but this was a thought i had... you could see the actual profit or loss from a tax perspective for each property.

Just like any of the investment strategies here in BP, they need to evovle as the market and housing landscape evovles.

Since EIN each EIN is attached to a name, but not another entity, doesn't seem like that would make the Florida child LLC a passthrough entity by getting it's own EIN (which would be attached to my name). 

Of course long term investments are where wealth is built, but need to find ways to quickly obtain them, which involves strategies like fix/flipping.

Talk to a few people there, they are a helpful crowd of like minded people.