We purchased the home on 02/17/2022 for $185,000, invested $500 in minimal renovations, and sold it for $234,000 on 04/12/2022.

As mentioned above, the liability and tax benefits of an LLC are really minimal.

He's the best in the business    His page indicates he only serves New Jersey.

Currently working on analyzing properties, with a goal of minimizing human emotion  and solely looking at the numbers to purchase positive cash flowing properties.  

Thats the best indicator of MBS pricing and activity as far as directional movement is concerned.

It needed minimal work to get it ready so I jumped on it.

Since the son clearly indicated he intended to live there, it's important to address this upfront.

Understanding this, there are three reasons why single family investors fail to maximize the potential utilizing the  SFH investment strategy: (1) This investor buy SFH's singularly focused on cash flow and ignore the fundamentals that are strong indicators of market appreciation and the transition event to higher home ownership.

That statistic is an indicator that local industry wages can't hold up to home valuations which is a recipe for disaster in my eyes.

I think this would be more of a long-term hold for cashflow purposes, however it seems minimal to start, and I feel there is likely little to no appreciation with this property.