So lets say you own a home with $100k in equity but have zero income.

At this time the primary goal is passive income and then scale within 5 years as I gain more experience and network. 

You kind of have to pick a lane - do you want income or 4 units in 4 years?

However , properties taxes are due like roughly 12k for the two lots. 

I'm a local youth pastor in MN and I'm looking into getting started in real estate so that I can provide extra income for my growing family.

The operating LLC doesn't own any asset, just liquid cash that is rental income from tenant and expenses against rental properties.

The same thing you claim on your tax return for your properties.

There are BLOC's Business Lines of Credit which will allow collateralization of residential income properties.

That's not worth 15% of the job.Another thing to consider is that some managers will charge low management fees and then add maintenance fees to bring in more income, while others charge high, all-inclusive management fees.

Type Line Item Fee Fixed Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $600 Variable Fees Business Hour Service Calls $90/hour + Materials Cost + Tax After Hour Service Calls $120/hour + Materials Cost + Tax 3rd Party Coordination HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Negotiated Vendor Cost + 10% Oversight Fee