I thought you mentioned in a previous post that you wanted to use an independent contractor for this position, as opposed to a full-time employee.

The reason I wanted to have the property in the LLC name was mainly so that the rent check would be to the LLC as opposed to my personal name for privacy and business distinction purposes.

.) - Kitchen (but only depending if it's a "separate" kitchen as opposed to an open kitchen.

More specifically, how do you feel about, for example, a new agent getting a personal loan from his/her bank in order to "finance" the many costs/expenses.It's something that recently crossed my mind, and it got me to thinking - "if a person did do that, monthly payments would probably be a few hundred dollars a month, which would mean that would really be their only expense, which would mean they'd at the most need a part time job to pay for that as opposed to needing a full time job, therefore having more free time to dedicate to their real estate agent career, therefore better their chances of being successful at it."

Maybe you can't force appreciation on a SFH where you're using the comparable approach, but the appraisal is still generally higher for the same structure, as SF fee simple unit, as opposed to an apartment.

In reading the thread I did see where there is mention of flipping directly as opposed to funding via a loan, which cause me to write my post.

The appreciation value (or forced appreciation value), which means the property will be "comparable" to the 4 bedrooms in the neighborhood as oppose to the last comp of two bedrooms.

(As opposed to MLS)Ervin, I am curious about condos as well.

You can also lease furniture as opposed to buying it.

Jon, happy to clarify...so far my plan looks like this:Looking to start by picking up a small multi-family, in order to spread expenditure costs and vacancy hits as opposed to the single-family approach.