Quote from @Richard Ferraro: Quote from @Benjamin Aaker: If you are working with a Realtor (TM), they will have to follow the NAR rule to sign an agency agreement with a buyer before showing houses.

You cannot get any meaningful answers until you specify what is your "side gig", how much money it's going to bring and how much expenses it's going to incur, and what kind of expenses.And, as a rule of thumb, unless you clear $50k after all expenses, you probably will not benefit from any entities tax-wise. 

While podcasts, books, seminars, and websites offer general knowledge, you'll buy a specific property in a specific location, subject to local rules and regulations.

I cannot post it here due BP rules. 

@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Another thing we like to do is offer a discount on second month's rent if you apply within 24 hours of viewing the apartment.

Asking in the correct forum will get a better response.Read the RULES!

How do I know if this applies to the areas I'm looking at?

I’m now looking at another area that’s 3 hours away in the same direction and catching up on some posts about some general str rules of thumb.

Refinance post rehab, have the higher rate but apply option 1 cashflow to cover the increase.