We are focusing on class B and C properties that can incorporate a BRRR strategy, or that only need slight cosmetic renovation. 

@Jason J.Is there a way to incorporate into the screening process who are essential workers and only rent to those people without being in violation of the Fair housing act?

@Klarens Haxhi The Albany market sometimes has some good cash flowing properties and is only a 2 1/2ish hour drive from the City if you feel more comfortable with being able to physically put your eyes on a property during your long distance investing.

Hi Alex, as an option you consider a Revers e Exchange if you wanted to incorporate deferred taxes into your new investment.

. - Incorporating an LLC,- Opening a bank account for LLC- Establishing accounting book- Working with CPA's, attorneys, etc...Any tips would be much appreciated!

To fund your investment,A Buy Direction Letter— the specific form depends on the terms of your note.If unsecured, A General Buy Direction LetterIf secured, which form you use depends on the type of collateral securing the note.The Original Promissory Note with a physical/wet signature and a list of collateral (if the note is secured)It's important that both documents are complete and accurate, otherwise this can hold up your transaction or cause trouble down the line.

The only way I would write a new check is if the old one is physically returned and then only to the names on the lease. 

Just trying to figure out the right approach (phone call, letter, physically pop in, etc.).Are you willing to share a few names of the companies that you've built a relationship with?

Should I draft up my business plan before meeting with an Attorney about incorporating the business?

Also at the same time, you should use that opportunity to setup your estate planning as it is easy to incorporate it in your asset protection plan.I would also encourage you to watch the Youtube channel of Clint Coons that has plenty of very good videos that would give you a good overview of different strategies.