Purchase price: $28,500 Cash invested: $178,000 Sale price: $250,000 Bought a 3 unit riddled with drugs or prostitutes from the city at the tax auction, spent a year gutting and consolidating all three units in two structures to a single-family home with an exterior side entry garage.

If the tenant were serious, he would communicate with you.

Hello, please bear with me as I'm a relatively new investor.

Out here in AZ you're going to need to do a STR or MTR if you want to break even on a property with only ~20% down, but if you pick the right location appreciation should beat the national average. 

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

What have been your experiences with Skip tracking software.... which do you feel has the best features for the most value for the money?

It's usually the member/borrower's creditworthiness that is the issue and interferes with approval, not the LLC. 

.🛑 BOI Reporting non-compliance = $591 per day in fines, up to $10,000 + potential jail time.Final Tip: Many business owners work with a CPA to ensure tax compliance and maximize deductions.

There are no other Chargers.As for real estate, I'm a partner with SunnyNest Homes, LLC.

How may properties are held in each LLC is a decision with yourself and the attorney.