He also doesn't want to leave living with my sister and her kids either, but really can't afford to pay more than the $150/month that he's barely able to pay now.Both my sister and her father-in-law are very low income earners, and the house they live in is too much for her to pay for on her own.

Usually you can find this online.#3 Chances are you will never buy a $500,000 property for $30,000. 

You may have to search a bit for the right contractor or engineer - sometimes I see one solution dominating in an area - "that is how we always do it"  Thanks for the input - yes, it sounds like the specific area this house is in is particularly bad for foundation issues.  

@John Davis be sure to check out all the city landlord requirements.Michigan also has an online Landlord-Tenant Handbook that is awesome source of info.Lastly, be sure to join the RPOA investor's group in Grand Rapids.

Cumberland is Not an easy place to invest in. i recently closed on a duplex and i am in the middle of a rehab. i am bringing my Contractors from Hyattsville MD. because is hard to find them there. also i am planning to make them STR due to the location of the property.

Does that mean I have a parent LLC in Delaware, then create child LLC in states I would have my investment properties in?  I

Many of these platforms integrate directly with QuickBooks Online, which I use for my clients.

They are known as the Winthrop Factors-The purpose for which the property was initially acquiredThe purpose for which the property was subsequently heldThe extent of improvements made to the propertyThe number and frequency of sales over timeThe extent to which the property has been disposed ofThe nature of the taxpayer’s business, including other activities and assetsThe amount of advertising/promotion, either directly or through a third partyThe listing of the property for sale through a brokerThe purpose of the held property at time of sale; the classification as an investor or dealer is determined on a property-by-property basis.To me intentionally buying a property to renovate it to resell it for profit, twice in the same year, and opened an entity to do it in ....is going to be ordinary income and not capital gains. 

I'm currently placing a big emphasis here as I look to grow.As far as evaluating deals once you find one you're interested in, I think you get better and quicker the more you analyze.

The kicker is I must complete the program 100% online while still working full-time as a pilot.