You’re absolutely correct—at REI Nation, we purchase properties in our name, handle complete renovations, and then present them to investors once the work is finished.

Cash reserves from flipping houses.

I doubt it would hold up legally.The cameras on the front of my house cover my driveway and you can see the front of several of my neighbors houses and front doors and driveways in the background.

So, if you form in Delaware, for example, and want to flip houses in New York, you will still need to register to do business in New York.

House is worth 140k conservatively once fixed up. 

I thought I was getting an amazing deal but what I'm ending up with is; essentially locked into closing on house where everyone expected the current tenant to leave cooperatively however, he is now planning to stay indefinitely without paying rent until getting evicted.

.- lower turnover- easier on the units when they do move- quiet and less disturbance than traditional, younger- for fixed income, consider partnering with the local housing authority for SEct 8 vouchers, then raise rents accordingly - guaranteed money & the Sr. only pays a portion (if they qualify)Traditional renters- Higher turnover- Higher turn costs- More volatile - higher bad debt- More drug related activities- Adding in children that are hard on units- Higher eviction rates and legal costsConsider all angles before making a decision with the changes. 

@Sahegin Charoliathe one's i've listed are going up for foreclosure.i just use it as a list for potential houses to pick up at the tax auction. 

look for the signs that say "we buy houses "  .

The only time you can somewhat increase the rent is with a tenant moving out (or dying of old age) and you doing a major renovation.