Hi @Andrew Assman ,The duplex/triplex/quadplex market is indeed quite competitive at this point (March 2018) I'm helping a friend look for deals on MLS for that same property type and the last 'good' deal we liked had 12 showings in 2 days with 6-7 offers.For you, I'd recommend looking for deals off-market, orbreak-even in great neighborhoods, or properties that you can improve/renovateI did #2 and did quite well due to neighborhood appreciation.

Electing S-Corp taxation for the flipping business would be done to improve your tax situation.

Hello, I’ve got a four unit with a garage and I am looking to rent out the garage separately and am expecting a lessor that does not live in the four unit to rent the garage. 1) is there a best practice about this scenario?

Physical condition: Beyond repairing any obvious visible physical defects, a fresh coat of paint, new striping in the parking field, and some basic landscaping improvements.

Many have the same guidelines, but I've gone into local banks that will lend as high as 85% LTV once the property has been owned a year, and 85% of purchase price+improvements for anything less than a year.

Martin, The  203k  is a rehab/home improvement loan.

The basis would transfer over to LLC. this basis would include all the work you had done to the property when you bought 8 years ago if those were capitalizable improvements rather than repairs.  

Depreciation rules for automobiles improved significantly, however I don't think it would apply to you.

I suck at numbers, so I made up some for a hypothetical subject-to deal to sharpen up. Can you experienced investors please critique my work? My hypothetical plan is to take over the loan> get a tenant in> cashf...

I am a graphics designer and put together some stuff to help improve communication, transparency, and trust with my clients through it.