Is this the best way to do comps, or am I missing something? 

Eventually the LLC will have title on the property - then am I considered the owner when I work on the property?

Or am I just as likely/unlikely to have my place destroyed by renters?

Am I correct in assuming this is a hot water system not a steam system (maybe this picture is not enough to answer that question)3.

Am i not looking at it the right way?

Am I wrong to assume this?

Am I thinking too small in a 3 family or should I be exploring larger options for a positive cashflow in my situation?

I guess you meant am I willing to be in the "red" for 5-10 years(10-20% cash-on-cash return) before I will actually make a "profit" off of this house.

With this in mind, There is an opportunity for me to take the leads that don't meet their requirements for flipping and have them wholesaled to me for buy and hold.With my experience in structuring the workflows, down to the details of efficiencies, of a rehab business, my plan is to rehab the rentals and refi them into long term cash flowing properties.Onto my question - As I'm 1099, am I better off being patience and building 2 years of tax returns on 1099 income in order to finance a loan and build that way?

@Amy Robinson (Dr.)