It's great to network with people who are already operating in the 5+ Unit space, having said that I live and invest in your market, and would love to connect with you as well and help out anyway I can.We will be posting our event soon, to stay in the loop feel free to join my e-mail list here to get first updates on all future events: http://eepurl.com/hLdwBz

@Michael E.

On the last offer the broker-in-charge reviewed the documents asking for asbestos, lead-free paint disclosures to be signed and submitted for a brand new home.  

There are pros to cons to that approach, but just trying to get your creative juices flowing...Does that help?

HiI have W2 income and short term rental income reported on Schedule E.

If they are smart, they brand themselves vs. helping their company brand.I also see a lot of people creating their own agency, what are your feelings on working for others vs starting your own?

STRs are not nearly as passive as LTRs but they can really juice your returns if you learn to self manage remotely.

You can add an LLC or S-Corp later.A single member LLC and an S-Corp can be included on Schedule E of your personal return.

If your LLC is a single-member LLC, then it will be disregarded for tax purposes, and you will report your rental activity on Schedule E and your real estate agency on Schedule C of your personal tax return. 

Hello Jordan,I read the book called "The E Myth" revisited by Michael Gerber.