Plus, it simplifies the process of adding partners for future projects and helps keep your finances organized.As for BRRR, you can also deduct expenses and LLC income is reported on the owner's personal tax return, avoiding double taxation that corporations face.

However, I have a Fannie Mae owned mortgage and the mortgage servicer has advised that Fannie Mae may not allow that "double layered" ownership.

Willing to do preliminary visits to houses to take pictures, make rehab lists/scope of work, etc. 

Hopefully I can find another model to go along with the build to hold so I can double my results. 

It’s simple, brief and the right pair doubles your money each transaction.

Generally by looking at the listing pictures and reading the remarks I wanted to weed out properties that you could say had $5k-$10k of capital improvements invested into them between when they were sold in 2017 and then sold again in 2022.

Congratulations,These costs look reasonable, but as you mentioned a double origination fee that they'll remove, so all good.

Since electricity and water is included in our rent, we also have a clause stating that if the monthly bill doubles compared to the month-comparable bill from the prior year, then the excess will be assessed as a fee.

Is the building in the picture (i.e. the building in question) on Michigan Avenue?

A hot water heater might have a 6 or 12 year warranty, but you can expect it to last double the warranty.