I'm also looking for a property that can be functionally improved (with as little effort and risk as possible).For instance, I recently did a rehab on an 100+ year old house that had sat on the market because it was on a somewhat busy street, and it had a funky floorplan (but, because it was in a trendy, A neighborhood, I knew that the busy street wouldn't deter tenants...and I knew I could improve the floorplan). 

She owes $119,000 on the mortgage and is asking $149,000. 1 house on her street almost identical layout sold for 142,000 in 2021.

If you go the multifamily route, I would recommend doing a cost segregation study within the first 2 years to accelerate depreciation, save on taxes and increase cash flow so you can attain your next property quicker.I am bullish on Tampa because of Bill Gates multi billion dollar investment into downtown Water Street and the GasWorxx projects, both are transforming large swaths of the downtown and the urban core.Best of luck!

In other words, if 123 Main Street, LLC is under Alexander & Associates, LLC, can I also have 456 Main Street, LLC and 789 Main Street, LLC under Alexander & Associates, LLC?

It's across from an elementary school and is down the street from new townhomes being built that were selling in the $300's.

Across the street from it was a MF that had obvious drug sales occurring.  

The city has seen significant population growth in recent years, and with its diverse and vibrant economy, it is an attractive destination for both students and professionals.

For now everything is great, I just find another house in one of the best neighborhood in Richmond VA, Mechanicsville, a house 3 bed and 2 bath, easily you can rent it out for 1800, plus there are a guest house very separated from main house, fully equipped, 3 bed, 1 bath, 2 living room and kitchen , separated entrance for another street, and parking space for more than 2 cars.

@Vu TrinhThe system for buying out of state rental property varies from one investor to the next, so there’s no one-size-fits-all formula to follow.However, while even though goals and investment strategies are different, there are some general guidelines to consider before investing in rentals that are out of your home state:Look for markets with vibrant economies, strong population and job growth, and low unemployment ratesUse the free rental property analyzer in this article to forecast the potential return of a property.

A better way to do this would be to get your lead/borrower to sign a compensation agreement that states "so and so has agreed that Company ABC has earned X commission fee based off loan amount of the transaction involving 1234 Street to be paid for at closing." then title will cut you a check.BE CAREFUL -> you can create a bad rep for yourself if you just charge referral fees to borrowers for without telling them what you're doing.