Becca,   glad to help.How did this guy find you in the first place or was there something on line that you saw and responded to..

The thing I am working on now is getting all of my pieces together to understand the roles each person will play in my business.

Taxes won’t come into play until you sell. 

I want to buy it as a long term play.

I am not an attorney and I don't play one on television.

Or maybe you read through minutes of local meetings online? 

This probably sounds a little like wholesaling or being a Realtor, and it is.If you don't want to spend $1,000's to build this out and take on the associated tasks, there are other, more cost effective, options.I'd recommend looking for potential deals via free (or low-cost sources) i.e. local meetups/networking, Courts (probate & lis pendens lists), Realtors, Wholesalers, properties for sale online (especially those with 90+ days on market), etc.All the best!

This was posted online.

Happy to connect and discuss further if you'd like.Also, here is an article that explains how DSCRs come into play with BRRRRs: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

@James Harryton Look on Craigslist, Zillow, Redfin, Rentometer, and other online sites to see what others are charging for rent in your area.