It has to be strategic in order to replace my W-2 income and benefits.

I’m currently solidifying my business plan that outlines my strategic goals and objectives for my real estate investments.

I also represent tenant clients in lease negotiations and strategic placement for both office and retail uses.What drew me in to BP was my personal interest in getting started in acquiring property for myself and having some skin in the game.

A noteworthy tax loophole, particularly beneficial for those yet to attain Real Estate Professional Status, offers a strategic approach to potentially offsetting OR EVEN ELIMINATING the impact of high job-related taxes.At its core, this tax loophole revolves around discerning between passive and non-passive activities within the realm of rentals.

Hello Tom.I need more information, but I'll answer your questions directly.Disclaimer: I am a Real Estate Broker, therefore, you should consult an attorney and Tax Accountant for your specific strategic plan and objectives.LLC's are better than other entities simply because of the operation requirements. 

Send your spreadsheet or whatever you use as your strategic plan.  

I invest myself and typically I look for solid employment centers and areas that would provide mid to upper mid tenants (upper end are a bit too fussy for me) and the lower end are a bit to high touch for me.If you buy a home its good to plan how this purchase will not only achieve your short term housing goals, but possibly how it will fit in the overall long term strategic plan as well. 

We are starting out and want to build our portfolio quickly and strategically.

Also, if done correctly and strategically, buying at a discount, rehabbing, renting, refinancing, and repeating, would allow me to build a healthy portfolio, generate a little cash flow, build equity over time, maybe 1031 exchange (defer taxes) some of the smaller properties for a larger multifamily property that cash flows more, and builds more long term equity. 

I often see strategic listings when realtors will intentionally list lower in order to create bidding wars.