I'd worry more about ROI, which incorporates mortgage paydown from the renters AND appreciation.

Hi BP,I need a little help with the incorporation process.

Many companies incorporate in Delaware due to the friendly corporate laws there.

It's quite possible that the mortgage co. paid it off and somehow incorporated it into the mortgage payment.

Going to incorporate what I can. 

Which state should I incorporate in?

If you change your mind you’ll have some basic classes under your belt or if you decide to incorporate another field of study with your real estate such as finance, all the better

Most lenders rely on a third-party valuation to inform loan amounts.Internal valuations are more nuanced – they incorporate a wide variety of inputs and vary from investor to investor.

@Lisa EckmanGreat question, the current requirements are: - Articles of Incorporation- Company’s Operating Agreement - Purchase Contract - Itemized Rebab Budget (If renovating) - GC License & GC insurance - Color Copy of Guarantor ID - Home Owners Insurance Policy (Due at Closing) - Certificate of Good Standing from Secretary of the State - Application- Appraisal (by 3rd Party) - Optional (Sketches depending on rehab work)

Where you have to do your research is if utility bills are paid off.In Marion county, for example, all bills and liens are taken care of.In Johnson county, however, some small towns [like Whiteland] are not incorporated and can't put the utility bills as a lien and the buyer is responsible for them after the sale [ask me how I know this!]