I’m mostly interested in multi family homes (using the Brrr method).

However, this method still carries reassessment risks.A revocable trust set up by your aunt (after your stepfather quitclaims his interest) is likely the simplest and most tax-efficient way to ensure you eventually own the property while avoiding property tax hikes and probate.

Method of choice was looking for potential properties online using redfin then when I had run simple numbers I would drive by each property and its neighborhood and if it was worth pursuing, I would schedule to see the property through the selling agent.

I'm looking at purchasing a small multi-family rental property in the Allentown or Philadelphia area, and I plan to use the BRRRR strategy.I'm struggling with the best way to analyze potential properties to ensure a solid ARV and would love any advice on effective tools or methods you use.

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What methods would you suggest to screen potential tenants? 

@Anthony Chan If you underreported depreciation on your rental condo, Form 3115 (Change in Accounting Method) allows you to claim all missed depreciation in the year of sale without amending past returns.

However, don't have any of those loans anymore (most paid off).The only thing I do that you don't, is use trusts, and love them and they have saved my bacon a number of times.When you said all those loans have paid off, are you utilizing other methods than Sub2 at this time?

He teaches them his method, lets them handle the planting, and trusts the process.

These methods involve securing financing, identifying suitable properties, and overseeing renovations.