It simplifies everything and you can created direct mail campaigns very easily from the site.

How do you simplify your paperwork?

So I finally ran the math (hopefully without any big mistake) with the following numbers (based on rule thumb of 1% (rent/purch price) and 50% expenses rules of thumb to simplify): - About $145k cash available - House sell price: about $130k - Financing with 20% down, 5% over 30 years, Closing costs $3k - Insurance, tax, Vacation, Maintenance, Cap Ex, Property management, HOA: $650 (or 50%) - Rent: $1,300/month (1% rule) - No repair costTwo extreme and very specific cases:Case 1: Buy the house cash, so only by 1 house in this case, cash flow $650/monthCase 2: Finance the house, but buy 5 houses, cash flow $90/month*5 = $450/monthCase 1: after 10 years: $78k of cash flow, $130k equity for a total of $208k "net worth" + $12k cash leftover.Case 2: after 10 years: $54k of cash flow, $227k equity for a total of $280k "net worth"Everybody can draw their own conclusions and figure out which case gets you the more "bang for your buck".

I have built a substantial estate but I'm lazy and need a simplified system for managing this without making it too complicated for me or others.An LLC can offer a certain level of protection however in the real world the plsintiff's attorney will most likely name you personally in the lawsuit anyway. 

Here are the simplified numbers.Purchase Price:$13850015% down :$20775Rehab: 3kThe seller gave 2k towards closing costs All-in cost: 28k. 

To radically simplify, it means they're selling another property with the intention of moving their proceeds from that sale into purchasing your property.

I know this was overly simplified but I'd appreciate the insight!

I want to simplify and streamline our processes so we can move through these quickly and flawlessly (barring extenuating circumstances). 

So just reading the numbers really over simplifies the process and the problems I had to solve on those off market deals.  

That also got me a set of business bank accounts and a business credit card, so I have the convenience now that all business-oriented expenses that will be tax deductible will be on that card, which simplifies tax-oriented bookkeeping.