I only ask because the main purpose of an LLC is legal protection, and if you don't have a large amount of assets to protect, say less than $1M...you may be putting the cart before the house, and it may make more sense for you to focus more on finding and closing more deals.

You usually end up with the same amount of taxes over two years, you just get your Amazon package and your tax deduction one year sooner.Buy a new car.

Can you post a property with an ADU and the recently appraised amount?  

I don't want to work all my life, and have nothing to show for it other than dying with a bigger bank account than most people.Having a modest level of financial independence provides, perhaps, the least amount of clarity compared to either having non at all or being super wealthy. 

The amount your target tenant would want =) In other words, it depends.Are you expecting remote workers to rent your MTR?

At one point he was flying on helicopters doing GI joe stuff, I found that fascinating and I developed a great amount of respect for him through this time while we were working together. 

ON the more risk type product we do land speculation and Land entitlements but the returns blow most any cash flow at the the same dollar amount out of the water..

The mistake you are making is it looks like you think you can use the number on the HUD website as your rent amount. 

It can affect estimated replacement cost and therefore the amount of coverage recommended/required.  

Whatever you buy you likely won’t keep it down the line as you better define your investment strategy, so my advice is to pick an asset that’s going to teach you the most in the quickest amount of time.