We had factored the cost of the repair into our original offering price and the seller was unwilling to negotiate further.

Have a master entity, a corporation, that manages a series LLC and one other holding LLC.

Originally posted by @Thomas S.

Originally posted by @David Horton: I desire to make $80,000 annual cash flow income from real estate in one year.  

Fannie and Freddie will not originate loans into an LLC, last I checked, so you will be on the commercial side of any bank you work with.  

However, this terminology can obscure the underlying issue: the original asking price was not aligned with the market reality.The Benefits of Price CorrectionsWhile the term "Price Improvement" may be somewhat misleading, the process of correcting inflated prices is beneficial for the real estate market as a whole.

I do notice I got charged a Loan Origination fee twice, each for $855, I'm feeling that shouldn't be the case.

As for property taxes, I won't say it hasn't ever happened, but I would think on most properties it would be very unlikely to negotiate those to a discount by the original seller. 

One hurricane, one downturn, one localized series of job losses, and the house of cards falls. 

Purchase price: $255,000 Was originally our primary residence, then life happened and the Navy moved us around the country for a while.