My goal now is to get a multifamily property no more than $250,000 and put 20%-30% down, get a property manager, and put an extra $4-$5k per month into the principal to pay off the mortgage in less than 3 years, but I don’t know what state to invest in, I know Ohio is being looked at but I wouldn’t have to time to see multiple properties in person and I’m not sure how to verify the operating expenses of different properties, required repairs, etc. 

Their free model has a one time $6 fee to be verified as the owner. 

We also have a local property manager that verifies the rent rates for each property we analyze. 

We’ve not gotten that far in our talks with the owner to have that verified yet.

Even for flips/brokerage/wholesaling - there is minimal benefit in many cases to an S-Corp over just being a LLC subject to self employment tax, but getting the benefit of a 199A Qualified Business Income Deduction.Effectively all structures have very similar, if not identical, tax results. 

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Our OPINION for the Metro Detroit market (always verify each area for yourself!)

Get their move to addresses, date down verify where they work, and that you have current ID/social security numbers.

Indetermining the new taxable value of the replacement primary residence, the full cash valueattributable to the unit that was the original primary residence will be compared to the fullcash value of the replacement primary residence.For example, a duplex that is comprised of two identical units has a total factored base yearvalue of $300,000.

Sometimes homes do not have the correct number of Bed's or Bath count or square footage so the calculation will not be correct.If you use the search tool to filter and look in that zipcode for "Identical" sold homes in the last (6 months) compare all of the most recent sales and proximity of up to 2 miles to gauge the value. 

. $1.Sorry to tell all the cottage industry attorneys and gurus on BP that owning or vesting in a LLC no longer keeps your identity secret.