Some of them are failing miserably and of course blaming everyone or everything else but themselvesYes, to us, it's obvious who is BS and who is not, but many investors want to be pitched the easy way so they sip that guru juice.

I can set up the rent payments, collect them into easy-to-create bank accounts, and then have the system automatically categorize those payments for my Schedule E at the end of the year because Baselane already knows what each of the payments was.

Here is the property:   https://www.zillow.com/homedetails/5-E-Penn-Ave-Wernersville...The net operating income after expenses is $292K, and the proforma net income after expenses is $349K.   

3855 E 71st @Bob Stevens

Also, this is specifically for when a new rental property is being placed into service and there is no Sched E history

In addition, what are the tax implication of such a structure, would it pass through a personal tax return as schedule E or does it need its own tax return?  

@Derrick E.

@Jason Smith First point of feedback, there’s not a choice between Sch C or Sch E.

Quote from @Victoria E.: I am also following this thread. 

In my experience Loan to After Repair Value (LTARV) is most commonly used as an Underwriting metric to ensure "the juice is worth the squeeze", or in other words, to make sure the project is worth the investment.