I am not saying that to brag, the reason I say it is we all wish we could get into real estate at a younger age - but we are all different and depending on your level of risk, sometimes being patient is not a bad thing as its a marathon not a sprint.  

Like most things in real estate, a lot depends on the circumstances of the individuals involved and not just the numbers and figures.I hope this helps explain my thoughts, and I apologize for the lack of clarity when I defined "arbitrage".

Quote from @Gregory Wilson: This depends on what level of control you can exercise over the W-2 employer.

@Chris RagerFor multi-member LLCs (and depending on the size of the project), you may want to work with a specialist for the operating agreement.

This is really a better question for your accountant first because it depends on what you are trying to offset.

  😉   Depending on the difficulty and expense, I was hoping to put that property under one of my other llc's.

@Mike Most this is one of the few times we disagree with @Adam Bartomeo:)It really depends on the specific market the property is in.

But that doesn't make most of them good, it just means they are spending more on marketing than the rest.So where to start: well that depends on what you want to do.  

It all depends on if you want more cash flow now or to have no mortgage sooner.

The time it takes to process an application in 100% dependent on you, your processes, and your policies.