Just be careful as not everyone on sites other than FF are working professionals.

There is a tremendous amount of bad information being spread here, so be careful who you're taking advice from.  1. 

So selling it to someone when you can't give them clean and insurable title can sometimes be an issue.At that price point, not so much. 8k properties tend to have a buyer pool that won't care as much that the title isn't insurable if they see the reason why is because it was bought at a tax sale. 

And in most cases, reading a receipt and knowing which property/my management company it is tied to (done automatically by separate accounts linking to my software), even if I don't do a very good job documenting, I have enough to go back and justify almost any expense.  

If you're not careful, the administrative requirements can trip you up—but when done right, the savings can be well worth the effort.For those of us scaling our portfolios or actively managing real estate deals, the conversation about structure isn’t just theoretical—it directly impacts how we protect our wealth and position ourselves for long-term growth.What I’ve found is that many investors don’t realize how critical their personal credit is in setting up these entities successfully and accessing the funding they need to operate and grow.

Regards,HectorHector,you'll get some value out of reading The Ultimate Guide to Grading Cleveland Neighborhoods.

Be careful it does not go into default : mature as the fees pretty much typically double

I don't care what anyone online says if you live there and have tenants at your home it will be a job. 

Read the forums here on BP and on PP. 

Well it will need to be life changing events like having kids, new job, divorce, taking care family members etc but the rule of thumb is to live there for at least one year then being able to rent it out and converting it into an investment property.