WE GOT CREATIVE, we ended up using Equity in one of our properties as a down-payment on the next one. take a broader look at RE se what else you could do.

I'd like to get a house near base that would be affordable for E-4's/E-5's + with families.

No major repairs or problems noted.There's absolutely nothing wrong with where we live now, and we weren't even looking for ourselves per se, but I really like this house and would relish the opportunity to make it amazing.

They are not out to protect you per se, but to protect their bank accounts.I would guess that there are very few lawsuits that pay out that much.

@Bryan Blancke There are a lot of RE investors in SE Michigan and it is very competitive.  

In fact one of my younger daughters dorm mates refused to move into the home her father bought & significantly rehabbed because it was simply too dangerous after dark.I consider the concept viable as long as the units all have separate utilities, 'conversion' costs are manageable & your company per se manages to run the maintenance side of things for the proverbial monthly fee.

A Realtor themselves may consider an LLC; however, they could not elect to be taxed as a C-corp or an S-corp as they are not brokers. their income is self employment income and all subject to SE tax.

Det er noe du også burde se på, ikke så komplisert som det kanskje virker.

@Luke Pierce - I don't know if I would call myself "active" per se. 

These agents do not exist in se Michigan.