With that said, I recently began looking into investing in a new state, and ordered a title report to supplement research on a property I had already done.

They were also looking at the 3.8% medicare supplement tax and a state capital gains tax for Arizona. 

I can supplement this with the rental income from the best SFRs and multifamily already in the portfolio and call it a day.If I didn't mind adding additional rentals and the incremental management involved I would go SFR buy and hold all the way but unfortunately after the recent price run up I would not be very interested in the 5% returns that the market is offering.

The following questions are specific and will help supplement our attempt to answer a more general question: What is the best long term corporate structure for our business?

My long term goal is to create a passive income that could eventually supplement my primary income. 

I hope by supplementing my letters with other lead generating activities I will get at least one deal and then I plan on ramping up my direct mail campaign

,Consider downloading my "2013 Housing Market Forecast" to supplement your spreadsheet.Having a higher average rent relative to the average property value is good but only one part of the bigger picture.You want to consider the health of the local economy (jobs and job growth, employment trends, migration in and out, etc.)Next you want to consider the neighborhood, and finally a close look at the property itself in terms of cash flow, cash-on-cash return, and total ROI.I bought some property in specific parts of Detroit in early 2004 when things were looking 'up' for the city.

Having reviewed her credit report with her, she, in 26 years of credit history, had NEVER missed a payment and had ALWAYS paid more than the minimum on her balances.

Below I have attached a spreadsheet of some numbers that I have put together showing the income from two investment properties with some money coming in from our own income to supplement saving for future investments. 

Some of the metrics that the survey provides and that I find valuable to understand are:- Population- Home Values- Household Incomes- Rental Vacancy Rate- Homeowner Vacancy Rate- Poverty Rate- Educational Attainment Rate (High School/GED & Bachelors)- Number of Housing Unit- Rent to Income Ratio- Rent to Price Ratio- Population on SNAPS (supplemental nutrition assistance program) percentage- Property Tax Rate- Median Age of Buildings- Number of Structures by Units (SFR, Duplex, Triplex, Quadplex, etc...)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors PercentagesAlso take into consideration the direction in which each of these market indicators are trending.