I thought I'd start out with a more straightforward buy and hold to get familiar with that aspect at least, though I'm having a difficult time seeing how I would finance subsequent deals if I did this so am also looking at BRRRR options when I can. 

I am offering seller finance on an investment property (with balloon payment for a short period of time) because of the current high mortgage rate, since I cannot subsequently 1031 the balloon payment when I receive them in 3-5 years, any tax defer strategy that I can use in this situation? 

Just to note; It seems that the state of Missouri has no contractor licensing requirements, subsequently the barrier to entry in low.

Much of the public IMO has not caught on, but as it becomes common knowledge that 5% down conventional works on 2-4 units, expect a bump in competition and subsequently value.

5) Given your experience, would you say that obtaining a mortgage in your name, and subsequently transferring ownership to the LLC is a better or worse choice than obtaining the loan for the property through the LLC?

Rents just haven't caught up as property values, and subsequently property taxes, continue to rise. 

Isn’t it 80 percent this year, then going 60,40,20,0 each subsequent year later?

Also lawyer fees to deal with the move-in and subsequent payout (~ $15000) It's in an up and coming area though I do think the rents are close to the max for the neighborhood currently.

@Yamundow Camara definitely want to open a separate account for your investment and preferable a separate one for each subsequent property.

At first I didn't even recognize it after subsequent storms.