Again if this is a wholesaler who is assigning the contract, that's a different story and very well could be a situation where financing is not plausible so I would begin there.In terms of the strategies you are contemplating I don't understand the process of purchasing with the $200,000 cash on hand and then refinancing 75% of the purchase price 6 months later?

I was curious and asked the questions here on BP and asked for real-life stories: "Thank God I had an LLC!

In this business you hear sob story after sob story.

If you do decent research or have traveled to the area the story tells itself.

The primary goal is to identify all property-related costs that can be depreciated over five, seven and 15 years.

It’s states …An occasional overnight guest is one who does not stay more than seven (7) days every six (6) months.Only persons 18 and older my be added to lease. 

Personally I would probably just multiple by 0.005 if you're gonna use this as I feel like Zillow always estimates low.But I personally use instant Steadily Insurance estimates inside BrightInvestor - those do vary their estimate by location, unit count, stories, year built, etc.

I'm looking forward to hearing other people's stories and learning from everyone and maybe contributing something worthwhile myself someday.

Here is a fun lil horror story to illustrate the need to line up your ducks FIRST!!

I’d love to hear the story of how the Courtney Clause got its name.