But it seems to my simple way of thinking isn't that *also* going to reduce your monthly benefits to a large percent?

A simple baseline plan might’ve steered him toward properties with more reliable maintenace histories or a stronger neighborhood profile, saving him a lot of sweat.

(Think "S" means "Simple", and "C" means "Complicated") Don't try it at home.

I live in a simple home. 

Simple math would be a PITI of 1,000 and rents of 1500.

Maybe this is a simple question but does this have to be set up through a service or could this just be my bank and I hold the money? 

Sticking with the theory of making thins simple and fool proof......any one have thoughts or suggestions

As long as you keep track of everything and report correctly you should be good to go.I'm always in the camp to Keep It Simple Stupid when it comes to running stuff through LLCs until you hit a certain critical mass of assets and/or income.Hope this helps!

In America in 2024 and beyond, you will need money to fulfill simple needs, but I don't strive for the money, I strive for what it allows me to do. 

In total it took 8 months to complete... a simple cosmetic flip on a 1200sqr ft house in a neighborhood that wasnt asking for much.