Total house value of 1 million with half million mortgage.2) I have 250,000 Home Equity Loan that I can borrow anytime from the bank to make real estate investment.3) My family annual income is between 200k to 250k, and my goal is to buy 10 properties in CT, and make $10,000 monthly passive income in the next 10 years. 4) Specifically, I would like to buy one multiFamily house at a year, and it will create a free $1000 cash flow each month. 

If you create a single member LLC, you won't need a CPA as it is a disregarded tax entity and you will report it on your regular 1040.However, since Olmstead vs FTC, single member LLC are not very good for asset protection anymore in Florida (charging order is not the sole remedy).

I'm talking paint, caulking, some things that we can take care of ourselves.We have been researching on our end and creating an excel spreadsheet, and plan on meeting with our contractor once he does the same in order for us to see exactly what happened.I have already printed off receipts from storage fees and other things to add in our discussion.

I doubt in such an established area that I would need to create a meetup... so I must be doing something wrong.

I would like to know what is the equation, or metric that I should use to judge one potential project vs another in terms of cost and the potential increase in revenue that money should create.

The great depression created more millionaires than any other point in history.

What I wrote above does not create an attorney/client relationship between us.

So there is no question in my mind all these folks that think Hey I will just help these people and let them invest with me while I do all the work.. etc.. run a huge risk.. and for what to buy some low value asset to make a few grand a year.. not sure like I said why anyone would do that.. but I suspect its taught at some of the note schools.. and we know gurus are not on the front lines of what is legal and not.other wise there would be no reason for the bigger established players to create 500 series funds.. no need at all they would just JV all the notes.. easy peasy... in CA you can fractionalize notes legally without securities but you need to be a CA broker or NMLS or have consumer finance license all these states have their thing.. that was part of my problem in Oregon..

Based on the zoning I can do nearly anything I want.I am looking for a low neighborhood impact business that has a high cash flow with low entry.My thought is in buying shipping containers and packing them in tight on the lot and creating a commercial storage business.By my estimates the property could generate up to $96k a year with less than 1 year's income to reach full build out.Any one have experience with this model?

Mainly because you are calculating using a Property Tax based on the last price.My client argues that it is reasonable to use current expenses to calculate the price, because you are supposed to create a selling price that is the most attractive for the seller (higher price).