I need compare the LLC fee w/ the S-Corp state income tax..

Patrick take the time to inspect it, if there is a comparable selling at that price, I would say its a good deal.

I am in the NYC area too, perhaps we can compare notes....MJ

As stated by the previous poster, in my opinion, it would depend on how much of a spread there was percentagewise compared to total investment.

At least I'll have learned something from the attempt, whether it's how to (or how not to) market, talk with sellers, calculate comps, compare management companies, etc.I would love to make some money in the process, but if I don't I'm willing to stick it out for the long haul.

When I compare that to RE investments, RE kills it!

I like all of these scenarios, since my goal is only 4-5k net cash flow per month, seems easy compared to 25k!!

My advice to someone considering a coach would be for them to explain in the most specific terms on how their service benefits them compared to their alternatives.

When comparing my strategy to locking into a 15 year, I feel the benefits of the 30 year with the options far outweigh a couple fractions of a percent of interest.

Lets consider a hypothetical 3/2, recent (<10 years old) SFH is about $80k.Lets assume, for the sake of argument, I pay this.Cost: $80,000Down: $16,000Closing: $2,000Rate: 5%Mortgage (incl Tax): $430Say I even go with a PM: $120/moInsurance: ~$500Rent: $1100 Gross income: $13,200Expenses: $7,100This looks like solid CF to me.But compared to the 2% rule, it seems borderline (1.3%)Doesn't meet the 1/3 rule.Not sure which end of the 50% rule PM fees are taken out of, but with Insurance CF from this metric is thin too.What am I missing?