Also look at capital gains in 2 years to see if you should sell it then or keep it as a rental.

But I have to ask to gain some knowledge. my question is the following, I have a multi family home, I noticing online a lot of investors have there assets under an LLC. 

Why do people like to go that route does it cut down on capital gains?

You will gain valuable knowledge and create some valuable contacts.  

We did that to streamline the process and gain experience.

After-tax returns focus on how your cash flow looks once taxes kick in, like depreciation, 1031 exchanges, and capital gains.

I'd love to share more details with you on how to get involved or attend so you can gain insight from investors who already own 10, 20, 30, 40 doors...PM me!

You will learn so much more by buying your first rental property and gaining experience.

Thought I'd give an update.I was second-guessing myself so I continued to visit additional projects/referrals and uncovered some dirt on the negative reviewer -- an investor who had since partnered with the sub and stood to gain!

As someone who invests heavily in Philadelphia, I can also say the price point you are targeting is going to lead you towards neighborhoods where the BBRRR strategy doesn't often lead to realized gains that correlate to the appraised values.