I know a lender that can help with both states that does investment lending for very cheap, it would be worth a connection as you look to build out your team no matter what you decide.

Welcome to BP and I'd love to help answer some of your questions.1.

If anyone has worked with one before, can they help me?

•Get advice from a tax professional or CPA – If the IRS considers this a related-party transaction, they can help you navigate the rules to stay compliant.

Quote from @Parker Bullard: I'm looking to purchase my first investment property and need help figuring out a strategy that will work for me.

There are spreadsheets that can help (I do not have one).  

Let me know if I can do anything to help, and good luck to you in your journey!

However, building relationships with private money lenders can help you scale your business quicker depending on how many investments you want to do this year.

The property tax savings are going to be in the ball park of 40-60%, but to be safe you should double your expected repairs budget when calculating the NOI.If you have any other questions, or want a more in-depth response, I would love to help!

People tend to waste a lot when everythings included, so this helps to avoid that problem.There are also companies out there that can install a meter in lieu of doing a full submeter to ascertain how much usage the unit is using monthly.