I recently had a successful launch with my first unit in Honolulu. 

This newly identified risk results in the need for increased revenue (rent) to offset the risk.  

The upfront costs & risks of launching a franchise are as minimal as possible in the market. 

You can also give tenants the opportunity to move to a newly renovated unit. 

Though we have a few land investment properties and a LTR rental we have had for 30 years we are new to RE investing in the methods purported by Bigger Pockets and the myriad wonderful books and strategies we are newly exposed to.

It is possible: The taxpayer may consider selling the residence to a newly formed controlled entity, such as a wholly-owned S corporation, at fair market value for a mortgage note.

What new cash flow can you produce with the newly found 70k capital? 

MTM’s launch ceremony, cheered on by hundreds of members of the plant’s workforce, featured a number of special guest speakers, including Mazda North American Operations (MNAO) President and CEO Jeff Guyton, MTM Vice President of Production Janette Hostettler, MTM president Masashi Aihara, and CX-50 Chief Engineer Naoki Okano.

Ideally i would like to use a FHA or low down payment conventional loan but I'm curious if those types of loans are even available for a newly formed LLC with no income history.

Lets say it takes 6 months, how much rent would you have collected in that 6 months that you would have to make up for with higher rents on a newly rehabbed house?