Let's say your exact property one block away is renting for $1000.00 per month and yours is renting for $750.00 per month, that is instant equity that a good manager can recover for instant income.

During the search for my first home I instantly fell in love with everything real estate had to offer.

Hoa $35 a month .It's worth about 60k so there wouldn't be a lot of instant equity however it would be a good cash flow property and basically turnkey.

This is why I want to protect the instant $200k from taxes as I would buy the house for cost.So llc builds the house, i buy and its a complete wash.

The only problem is it’s a commercial loan and the rates are a little higher than a residential loan but this is an option that I have that will give me instant cash to play with.Remember, I have 3 kids and a wife so security is a big thing for me.

I find it fascinating, and am most interested in buy and hold investing.In April my wife and I bought our first house (first time homeowners) with a no money down VA loan on a foreclosure with instant equity. 

After speaking with the bank I was informed that since this was a residential mortgage I can not instantly place this property into an LLC. 

But it will cash flow instantly around 200-300$.Is this a good investment or should I look for something that will rent and appreciate?

This would be a flip only I'd end up buying them out in the end and having a little instant equity enough to take out a conventional loan.

., I have an instant "feel" for whether that MLS list price is market price, or if it's below and whether its a SFH or a townhome, etc.