It costs roughly $100/mo but is well worth the expense.  

If you want to look at total expenses over the years, you need to look at total income received as well with your potential sale price. 

Hi @Leila, can you please share your experience with Y Street Capital with me as well?

I think tax benefits should be secondary to buying something that would work well as a STR.I would recommend you consult a tax professional to see what possible tax benefits you could receive from buying this STR.

@Brandon Pimm my friend and I are in jersey as well looking at Allentown as potential first rental property purchases.

I started diving back into learning by reading the Real Estate Rookie and was hoping to put myself out there and find some like minded individuals that are in the beginning stages of their investing career as well.

I am well capitalized.

And you will say the LLC is paying the mortgage- well tell that to a judge when the loan is in your name. 

I got started by moving from Portland OR to Columbus Ohio and started full time real estate investing here and started with house hacking/multifamily as well. 

Have a great foundation repair company in your contacts list as well as a great structural engineer.Some flippers thrive on these properties as without repair they can be difficult to finance with financing an owner/occupant would use.