For instance, the following model incorporates interest rate buy-down, a 30% down payment, depreciation, plus maintenance, and vacancy.Important!

If your business has been incorporated less than 3 years, the IRS will allow your sole proprietor experience on your business Employer Identification Number (EIN) application. 

I have an MBA from Portland State and I've been working in corporate finance for a little more than a year.

Here are a few below:Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal ownership you need insurance.If you search the forums for this topic using the magnifying glass feature in top right corner of your screen on BiggerPockets you will find a lot of discussion on "Quit Claim" "Buying through LLC", "LLC or not" etc....

I'm thinking of incorporating the layout design where it can easily be converted into multifamily. 

When I did it the first time we paid $3000 per house to have photo-realistic renderings made that incorporated all the finish selections we made.

Rentals outside incorporated city limits will not be affected yet, but it is also on the agenda for the next Sevier County Commissioners meeting. 

You are required by IRS code to 1099 anyone you pay more than $600 to, that is not incorporated.  

And then definitely read the thread and Eric Fernwood's LONG post from it... it has a bunch of other stuff I've seen incorporated in other's answers, all in one place.

The most successful real estate investors we work with have told us that having a strategy, establishing the right relationships, incorporating the appropriate entity structure, doing due diligence on investment opportunities, and getting pre-approvals ahead of time have helped them to overcome the worries and concerns that prevented them from getting started at the beginning and these same principles have continued to be crucial to their success.