If your next projects require rehab, you could use a fix and flip loan initially and then refinance them into a long term loan (BRRRR strategy).

While you can take a w2 salary from the Corp, it is not the initial goal as converting passive income to active income is usually not tax wise.

While their expertise is invaluable, it's important to remember that ultimately, they represent their own interests in the market.Therefore, I encourage you to take the initiative to run the numbers and analyze the data thoroughly.

And at no fault of their own – cashflow is what they were SOLD on.Here's what I want you to understand about “buy and hold” residential real estate:Let’s use a single family home with a property value of $300,000Let’s use an initial loan amount of $240,000Let’s use an interest rate of 7.25%And I’m going to give you $150 of cash flow per monthUse a 5% appreciation amount for your propertyLet’s see what happens after 5 years:After 5 years…$150 of cash flow per month = $9,000Your mortgage has been paid down to $227,000 = $13,000Your property is now worth $382,000 = $82,000So that’s $9,000 of cash flow, $13,000 of principle buy down, and $82,000 of appreciation.

will this be a lease with purchase to buy or an acquisitions with an initial 2 year lease term.thank you 

So far this is a one and done deal but I initially want to make tax sale investment as my real estate strategy, but it seems a lot harder than I thought.

I actually took the initiative (perhaps overly aggressive?)

Then, understand your exit options based on the initial conversation.

I planned to assign this property initially for $115,000, but had a major reality check after talking with a lot of local buyers and was lucky to find one who paid higher than my offer price.

The initial asking price was $600,000 and we settled at $550,000 How did you finance this deal?