My biggest concern with blue ridge is cleaning companies and handy man services. 

@Brian Scott don't forget to incorporate the tax savings into your calculations too!

Here is the structure of the LLC's:-I live in PA and have a holding company LLC incorporated in DE.

And I am under contract with my wholesaler.however your not under contract with the owner.. so I think you are in no mans land and if it was sold bought vastly under-market I think the seller will prevail if they can prove they were lied to about true value 

All in all, I still think its better to own the roof over your head, breakeven at least than pay the man rent. 

I started out with GFS group but right now Rob Hughes at Priority Tradelines has been the man!

It will contribute to the importance of insurance (and contracts).I leased a Panama City, Florida, bay front fixer from a man that lived/worked out of the country.

So, if you bought an investment property for $500,000 and sold it for $1,000,000 you pay capital gains on the difference which is $500,000 minus deductible costs which goes to the USA tax man. 

Hey man, educate me on this. 6% seems like 1.5 times 4%... am I leaving something out? 

Cheers man.