I am very interested in creating a group of real estate investors to build a business, so we can build a good and honest business and secure our futures, and not live paycheck to paycheck. if anyone serious enough to want to build something like this, please message me. 

Recommendations include moving the patio away from the house and adding a retaining wall.Other considerations:I already have a team in place locally to manage the property and handle repairsI visit the area biannuallyThere’s another couple interested in the property and supposedly making an offer.I haven’t secured preapproval for a loan yetMy credit union only services Oregon/Washington, so I can’t use them for a loanI’m unsure about the process of buying an investment property from out of state, as a first time home buyer, especially since I don’t plan to live in the property myselfWhat I’d like to know:Does this seem like a solid investment opportunity?

This might offer more security but also could complicate tax reporting.Taxation of Y as an S Corp:If Y is profitable, electing S Corp status could reduce self-employment taxes, but it also comes with more stringent IRS rules.

But after 50 years in the trenches and owning a HML company for many years I do have more than a passing knowledge on a lot of real estate techniques..

Annual adjustments: These income thresholds and premium amounts are adjusted annually.It's important to note that various types of income can affect your MAGI, including wages, Social Security benefits, pension payments, and even tax-exempt interest from municipal bonds.

Does this mean that we will just pay less at closing and not get the physical security deposits?

While I have the funds for the down payments, I’m in need of approximately $30,000 to cover the rehab costs for these properties to get them in market rent shape.I’m exploring various options to secure the necessary financing and would greatly appreciate any advice or recommendations on the best ways to obtain rehab funds.

If so, make sure agreement is in writing, signed by both parties, specifies new end date and ensures any existing security deposit will still be dealt with properly per landlord/tenant laws, and I'd also ask for a partial payment to be issued at signing to make obtaining his new place easier.  

LLC Setup and Financing: How do I go about securing financing for a BRRRR project with a new LLC that has no credit history?

I am scheduled to close on a duplex in Milo-Grogan in mid April so havent secured a PM yet. still shopping. but will certainly update here once the decision has been made.