We're a bit unusual though- half of our portfolio are Short Term Rentals (where utilities are landlord paid) and most of the other properties are long term rent-by-the-room (where flat-fee utilities are logistically much easier than splitting actual bills).

I know its still quite unusual to find new construction fourplexes here.  

The fix n flips financing is usually just 12-13 months so at some point soon you'd need to pay those bridge lenders off.I am uncertain how I feel about 401k/HELOC - Personally, I'd hate to risk everything in an effort to grow faster.  

I would estimate 90% of them dont meet reserve at auction and thus dont sell that week, they re-auction the following week, this can go on for many months, two to three is not unusual in our area I have seen them up to five month, takes a lot of patience, but every once in a while we snag a good one. 

@Nate Sanow - the velocity you see in Tulsa is not unusual.

At first it's just a pipe dream, then you get the ok to work remotely (back in the day when it was unusual) a day or two here and there, then you graduate to work-from-home on a regular basis, then you realize you can take your job with you so there's no reason to stay in a fixed location, then you start increasing the number of destinations you go to while still working and so on and so on.

It's always a good idea to keep thorough records and be prepared to support any changes made to your tax return.If you're uncertain about how to proceed or have concerns, consider consulting with a tax professional for personalized advice based on your specific situation.

I think that probably works, it isn't unusual to have multiple LLC's in one entity. 

However, make sure to clearly differentiate them from the LLC-owned properties.For your real estate activities as a Realtor: Continue to report these activities on Schedule C.In summary, it's not unusual for a single-member LLC with rental properties to use both Schedule C and Schedule E, depending on whether the property is owned by the LLC or personally.

It's not extremely rare, but it's also not unusual.