I will be acquiring a loan to purchase a single family residence in South Carolina.

All told you're looking at $15K ish for a tax bill.

I think it will be a blend.

Last, I would like to also say that if a company WERE to sue a BiggerPockets member for defamation in a forum thread, that I would be very interested in covering the situation as a news story.

Quote from @Josh Bowser: That's a good little deal scott!

Be careful that you may be saving a few dollars in the short run by not using a professional. 

With $400k available to me, I have a market picked out already, that will allow me to buy 2 LTRs, about $200k down each, that will cashflow a little over $1000 a month combined. 

It seems like a great idea to get your license and use it to invest into real estate, but without the property mentorship and guidance you could find yourself saving 2-3% on commissions, but ending up with a much more expensive headache. 

I’m back with a national real estate market update, breaking it down in a way that’s easy to understand.

It’s a matter of Risk Reward.