The rental market is very strong in Sedalia and the inventory for good rentals is low we have hundreds of people call in every month, and we always have a list of good qualified tenants just not enough listings.

The risk in selling was the area and low demand but having an international network access I knew I could help gather the best offers at the time.

In discussions with our realtor and a friend who owns a development company, their offer is extremely low. 

It's a breeze, the cash on cash return, while low in absolute terms, is crazy high (3% down + seller credits).

Get the project source brand from Lowes and stain them yourself.

Why have the sellers not been able to sell in a market with very low inventory?   

Pricing is still relatively low for a beach market, and I have several clients who have decided to buy now and rent out their properties with the aim of eventually occupying them when they retire. 

A break-even duplex in CA has the potential to have high cash flow in just a few years due to the following 1) low prop taxes increase of 2%/yr 2) low turnover due to rent caps 3) 7-10%/yr rent increases 4) better tax shieldingThe real question is whether you’ve underwritten the duplex correctly.

Also, the good thing about primary is that it only requires you to put as little as 3.5%-5% for properties up to 1-4 unit or 0% if you are a VA.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

Hi Cory,Given the minimal amount of effort to file for a LLC and the relatively low cost, I don't think it would hurt to get a LLC.