I guess my big questions are if there are any residential MF in the Aurora area as I do not have access to the MLS and if it is possible to create a house hack situation there.

As my colleagues explained, the short story is:there are no tax benefits from LLCs for rental propertiesyou may still want to create an LLC (or several) for legal protection reasons, not for taxesasset protection is for attorneys only, not for friends and not even for accountantsif your business becomes something other than rentals - then you might need an LLC for tax purposes, but it's a separate conversationGood luck!

This is a form that you create yourself that just says your not renewing the lease. 1) 6/5/2018 filed a form called "unlawful detainer" ($220 filing fee + $50 misc fees, $270 total) with Court.

There are ideas to minimize taxes, but no need to create unnecessary expenses.

I want to be able to improve the property somehow, create equity, and a place that someone is proud to rent.Solid fundamentals.

I also would love the create a platform to organize the countries real estate cycles per area. like an informational web site. 

Free Advice: Create two LLC's one for flipping and one for your passive as this will prevent domino effect if one aspect fails and make sure you setup proper firewalls to prevent commingling funds. 

We have budgeted a Capex assumption and have solid working year 1 Opex developed with our property manager.But I want to create a Month by month budget for the first year incorporating our construction project timeline (wll be developed during due diligence) and the Expiration schedule on the leases.

You create systems so you don't have much time needed to manage (even remotely) and you save the PM fee.My tenants pay via Zelle or they deposit into my account at my bank.

Currently I'm saving money to make my first purchase and I feel as though this would be a strong way to network and create relationships.