Investment Info:Single-family residence buy & hold investment.

I reside in Hattiesburg and I recently invested 5K on a Wholesale Program, thinking it would be really hands on and structured more like a mentor program.

Typically financing for rentals for non-residents is pretty tough and limited and expensive. 

Hi, just to clarify on the trans union report, the "resident score" is their credit score?

You can always start off in real estate by acquiring a property as a primary residence.

If piti is $1100 and rents range from $1000 to $1200, conservative underwriting would use the lower of the rent range, we have $1100 rent - $1000 PITI - $120 PM  - $50 (vacancy) - $300 maintenance/cap ex - $50 misc (tax man, asset protection, book keeping, utilities that are not tenant responsibility such as for a slab leak, etc) is about negative $420/month. 

Since it’s such a quiet and family oriented neighborhood, I would like to be mindful of the quality of residents that live here.

The sponsors’ goals included “protecting naturally occurring affordable housing” from teardowns, decreasing “gentrification” and lowering property taxes for homeowners.

Investment Info:Single-family residence buy & hold investment in Boerne.

My partners are Cayman Residents and in need of Tax Advise as to how to structure the LLC in a Tax efficient manner.