Hey BP! I've been learning passively for awhile and am trying to find the right deal for my first BRRRR.I'm analyzing a SFH wholesaled deal in a high quality neighborhood, which would be acquired for $100k, which is a...

I have no interest in any of their characteristics that don't impact on the care of my house and the payment of the rent.Everything in your criteria should be something that affects payment and care.

If your LLC operates an active trade or business, and payroll taxes (SECA taxes) on the owner or owners are high, you may find that an S corporation election is the best choice.Both organizational forms share the characteristic of "passing-through" their income to the owner(s).

And 2) that the person who upgraded this property didn't "care" enough to remove this unsightly thing.

Similarly, unlike substituting international reports for FICO or using 'Non-Traditional Credit Reports' (NTCR) it's highly unlikely that any bank would consider ATO tax records for a conventional loan, given both that it's another country and the job/business has since been left in order to migrate. c) If possible after one year, refinance to a more generic loan in order to buy a new FHA fourplex using whatever savings have been gained in the preceding months through cash-flow and W-2 income.PROS:*Highest leverage of all paths available;*Largest safety net of cash-in-bank, and;*Increased turnaround for new projects.CONS:*Employment verification, credit history, and IRS records non-existent - multiple positive judgement calls from lender needed;*Delays before scaling allows full-time REI;*Maximum limits to property units and value - 4 units and ~$809,000 for a fourplex (2.v)2.i - List of some Maine lenders, with whether they offer FHA (https://mainehousing.org/progr...)2.ii - Information regarding how to get a no-credit-score mortgage (https://www.lendingtree.com/ho...)2.iii - FHA loan without a credit history (https://www.fha.com/fha_articl...)2.iv - FHA loan requirements + No income minimums (https://time.com/nextadvisor/m...)2.v - FHA loan value limits by unit size for Maine (https://www.lendingtree.com/ho...)3 - A quick start at a moderate scale (DSCR or private) This is my current focus of research as at 25/06/22 and any contributions, suggestions, critiques, or references are worth their weight in gold to me.a) Find ten wholesalers who are focused on or who happen to find Maine multi-families, with a view of analyzing each <16 unit building that gets mailed to me. (2/10)b) Find twenty lenders operating nation wide or in Maine who offer Debt Service Coverage Ratio (DSCR) loans or private money. (3/20)c) Purchase one <16 unit multifamily with whichever available credit type is most appropriate (3.i) - either moving to the address on closing or renting something cheap in-town depending on whether or not the lender allows owner occupation.d) Move to full-time REI, or part time if cash flow does not support growth.e) Exit plan would depend on cash flow, regional trends, and the characteristics of the loan and future financial market and cannot yet be assessed properly.

On the other hand, that could be a good characteristic when it comes to finding deals.

So I thought I'd throw it out there to see if anyone was doing this profitably and if so, are there any characteristics that help?

Those are the characteristics of an entrepreneur.

Maybe I call it anxious anticipation.Semantics aside, there are lots of characteristics that have the potential to cause others to be critical of us.

The variables include the net metering agreement available from the utility, the cost of electricity from the grid  in the area, the amount of electricity consumption by the inhabitants (annual usage), and of course the physical characteristics of the property (size/orientation/roof pitch/ type of roof/annual irradiance/shading/existing electrical panel).