Only in community property states, can an LLC with only husband and wife as members elect to treat their LLC as a disregarded entity, which means all LLC income and expenses are reported on either Schedule C or Schedule E (as appropriate) as if the LLC did not exist.

They are hard to find, but they do exist.

Create rooms within existing square footage, look into ADU properties, etc. 

We used one of our existing local lenders to provide the majority of the purchase, and the rest was provided from our investors.

The magazine cover that he flashes in the video as his "Realty411" interview was completely fabricated and doesn't exist anywhere.

Alternatively, your GC can keep you posted on progress, but having a local project manager or even a trusted friend to occasionally drop by can provide extra peace of mind.Hope this helps, and good luck with your rehab project!

Builders can give you some sense of cost and project scope and local officials can let you know if any grants exist for affordable housing, re-zoning efforts, etc.

Would also love to connect with experienced Cleveland rental investors.Much Thanks 2% deals are hard to come by but they do exist.

My plan is to convert the existing structures into 12 units and build 9 new construction units in the rear with a courtyard. 

If the HELOC is from an existing rental property (A) but funds are used for rentals (B and C), the interest must be allocated to B and C, not A.This post does not create a CPA-Client relationship.