Other houses that I have that are strongly cash flowing I can use to supplement my income and help with operations costs when starting into the MF property.I have also invested in a pair of fourplexes, which is not quite the multi-family model (which is 5+ units) but a good starting point with a larger supply of units so a vacancy does not hurt quite as much.

Since we don't live in the states, we're trying to get creative with our funding and investment areas but we haven't seemed to pick definitives in either category (although we have been checking out Georgia and Ohio mainly since they seem to be in our budget). 

The increase exposure on E&O is the main hurdle. 

I am assuming the house is not in a great neighborhood.However, if he is not in a rush, I bet you can find a buyer in 150-185 range because it is still a cheap investment for out of state investors.Your main problem, you will need a cash buyer.

My experience has been that new investors have 4 main concerns that have to be resolved before they will invest: 1.

My main concern is that I will be making about $350,000 profit on sale and not sure how the transferring to an LLC will affect me tax wise.

Aside all this, I still hold a full-time job and am very lucky to work with my wife who handles the main chunk of work during business hours, speaking with buyers, sellers, other agents, and pushing through transactions to the closing table.

Based on “substance over form” principles, it ruled that the IRA did not really own Roth Inc for two main reasons:• The IRA’ were exposed to no significant risk; and• An independent person in the IRA’s shoes could not realistically have expected a benefit.Since the IRA did not really “own” Roth Inc, the income really belonged to the taxpayer – and putting that money into the IRA resulted in a taxable “excess contribution”.More specifically, the court held that a $500 investment, absent any other significant risk, does not give rise to any real risk for the IRA.

The main one being it needs rewired.

I'm currently looking to expand my network in New Hampshire and the Portland Maine area.