The LLC would then pay U.S.A. taxes at the appropriate corporate rate (which the White House recently lowered).  

That's definitely more of what I'm looking for as a first time buyer, lower purchase price for a decent house and make rental income from it. 

Cashflow is "great" but it's an older building with a lower-class tenant so cap ex will sneak up on some time. 

I’m thinking we could get a much higher appraisal to pull cash out in 6 mos to a year when it’s fully rented being that it’s commercial and based on ROI opposed to keeping it residential with 4 units and basing values off comps in the area which are lower say 80k range.

Or take the hit for a few years and then refinance for a lower monthly payment. 

After about 2 or 3 years I refinanced the property and not only lowered my interest rate but also got enough proceeds to pay off the seller loan.

Painted the lower level extremely dark.

I'm not planning on making my first purchase for about months so I can pay off some of my current debt and lower my debt-to-income ratio. 

Since Ive been looking at loans, it appears that if I was to buy say a single unit for the purpose as an investment to rent out, I would need 20% down... but if I was buying the unit as my primary residence You can qualify for a MUCH lower down payment depending on your income. 

Desktop advantages: May have a few more custom features, and lower cost.