I'll hand all of this over to my accountant at some point in the future, but first I'm trying to understand the nuts and bolts of it.

I'd buy some bags of fruit, beef jerky, cigars, 40 oz beers, half pints of liquor, toilet paper, hustler magazines, microwave popcorn, chocolate candy, etc. and put them in a box. 

In a nut shell; this is the best of both worlds.

@Lee Zap Martin thanks, not to sound unappreciative but I know all that, what drives me nuts is that every attorney has some different answer that they speak of like its fact and not opinion, which it must be if they all contradict each other, or they don't do LLC work enough to really know and are presenting their guesses as fact.

@Mindy JensenThat's great news for all as it shows that the vibrant BP community is neither static nornear its peak.There are a myriad of solid reasons why so many souls are eager to join BP, such ascommunity help and guidance, proof of others' accomplishments, camaraderie with like minded individuals, trove of educational material for free  to name a few.In joining BP newcomers and returnees invest their time in something that can bear financial fruit only by them taking action as they embark on their REI journey.

So if the $200k property made 10% ($20,000) your also paying tax on that money as well.You can drive yourself nuts in different ways to calculate returns, me personally I do not determine my returns based on what I pay and deduct in the passive income taxes as you also have depreciation etc etc

I have several other residential opportunities here and am looking to develop a fruitful, long term business relationship with a lender. 

Let me know if you ever want to meet up for coffee or a lunch at McMenamin's or something :) I hope your research on BiggerPockets has been fruitful and good luck!

That's a research problem and there's lots of ways to crack   that nut. 

Yes, it will require their patience to walk you through the nuts and bolts of a deal, but some have a teacher's heart.