A good real estate agent that works in your market should be able to help identify desirable neighborhoods, as well as realistic prices.

Btw- I have a 2016 home- 3bed, 2.5 bath, second living room upstairs, 2 car garage, large fenced-in yard, covered porch with patio furniture, and more-- so I think it is a pretty desirable listing! 

In 2021 and early 2022, you saw a lot of people just like yourself getting excited about real estate and capitalizing on the "easy money" in the economy and investor desire to get into real estate.  

Obviously the homes I am looking at will be in potentially run down/less than desireable areas... the key for me is to not be in the "go in that area and you get killed for being there" areas. 

Hi Dave,As @David M. mentioned, LLCs are pass-through entities so it's more about liability protection than taxes.As a side note, you can get DSCR loans on your personal name if you desire for some programs.

(I can just do more tIRA withdrawals to tweek AGI to suit)2.) 5 yr carry forward of excess deductions - (could use to draw down ~$800k tIRA BEFORE RMD or more Roth rolls)Situation: Very desirable but very hard to sell income property (older (1979) small, low value Mobile home,(home = ~1/6th the value of property - Banks don't lend with that ratio) Beautiful acreage, (3) large shops, pond, barns, Very livable cabin (knotty pine!)

It has to have some outstanding feature that makes it desirable.

I completely relate with the desire to remain as anonymous as I can.  

A desire and ability to share their knowledge4.

In reality, finding tenants is quite easy, especially if you follow these steps to reduce your risk of vacancy: Living in a growing city in a desirable location increases your chances of finding tenants.