The secret MISSING ingredient is investing.  

Those are some of the best ingredients for a business, but it is definitely not passive.

In my view this is the simplest way to to do it and you can continue with the LLC but outside of the IRA.

To me, that sounds like the fairest and simplest to implement as those agencies already have the infrastructure to handle such a program, they just may need to scale a bit but not maybe as much as one would think. 

Aloha,The simplest, yet generally overlooked, is "Managed By" signage on the properties you are managing.

I know there are a bunch of videos and articles out there but maybe someone can explain it in the simplest terms and give me a real-life example from their personal experience.I kind of understand the general concept of the 2 different deals but not completely knowledgeable yet to feel comfortable to the point where I can present this offer to a potential prospect. 

Assuming both have equal operating expenses and equal cost of goods sold, and both use the exact same ingredients (all of this for an apples to apples comparison), and both have a net profit of $.50 per cup, the IRA coffe shop can charge $1.90 per cup because it does not incur any income taxes, therefore all profits are gained, whereas, the standard owner coffee shop must pay income taxes based on the $.50 per cup net income.In such a scenario, the IRA biz would gain an advantage over all other standard owner coffee shops.

You're doing the math for "phony cash flow" and while a lot of people, sellers especially, use that number, it boloney.A subject to deal would be the simplest, if the value is there.

Patrick Jacques HomePath is the absolute simplest, most streamlined Conventional loan product because there is no lender-required appraisal and no PMI.

@Jordan Decuir Hey Jordan, the simplest rule of thumb is to look for properties within solid school zones / districts.