Personally, I'd go with the As-Is scenario.

From a personal standpoint I target 70% LTV for any investment I have that way gives me ability to sell it if I need too

Which is very complex and costly and likely warrants professional help.Now, if it's just you and your spouse, then your 2024 tax preparation is likely relatively straightforward:- you will create a Schedule C on your personal tax return- you will NOT report any costs of purchasing the property or its rehab, not in 2024- you will report your business overhead expenses such as marketing, driving, technology etc- you will end up with a business schedule showing zero income and some expenses - not breaking the rules but potentially raising an audit flagCan you do it yourself?

Quote from @Dominic Mazzarella: Quote from @James Wise: TikTok is supposed to be shut down in the U.S on 1.19.2025 unless the Supreme Court blocks or delays the U.S. ban per Trump's request.I won't pretend to have any idea how the inner workings of the data collection between China and the USA effect the world, but on a personally business not, I like it.

The FMR for a 6 BR house is over $1,800....one person's trash is another person's treasure!

Do you think using lexisnexis would work for skiptracing to find a person's phone number?

I financed this property using down payment funds from 403B and a local commercial bank. 15% down from personal funds. 85% down from community commercial bank. 3yr balloon, 20yr amortization, 7% interest rate.

Lenders often include a portion of the cash flow in the investment property as income to you personally to offset the DTI. 

Every company has atleast 1 person who leaves a negative review but what you fail to realize is that this is real estate.

I recently read a book that mentioned there being a lot of power and benefits of a personal corporation but I'm curious as to when a corporation is actually beneficial over the latter.