All of East Akron (especially by joy park homes).

@Jack Liu , @Joy Graham , @Tina Pauley , @Neal Stanfield I don't know Invictus at all so this isn't directed at them but buying in bad neighborhoods without a stellar PM is a recipe for loss.

If your time is worth $50 an hour and you spend two hours a week answering calls, coordinating cleaners, or whatever, that's $400 in your calculation.You'll hear people on BP say they have several rentals and it only takes them 5 minutes a week to manage, which is pure bunk.

He said the app will notify you when there is a ride available to take, but he just ignores them while he drives and only a handful of times he has taken a customer, purely because he noticed they were going to the same area he was driving to, basically along his route. 

@Jeff Lara are you going to owner occupy or pure investment?

Cause if this is true then somehow your team has figured something that every other knowledgeable tax professional on the planet has missed over the last hundred years.Your claim that a trust is some magic bullet is pure fiction. 

Do you want a pure profit cow?

Or are you purchasing purely as an investment property? 

From a pure/immediate tax savings, its just that SE tax above your "reasonable salary" that its saving you. 

Even if I purchased the property with conventional mortgage the $ on $ would still be strong, 15-17% with it yielding $1000-$1100 pure cashflow per month, but I would really only be interested in this deal if I could BRRRR it with hard money and pull out all or most of my $$ invested.