You would just ignore the LLC for tax purposes and let the rental income flow through your return.Also, to help with taxes, a key thing you can do is to own more property that you can depreciate.

We serve predominantly first-time homebuyers, and for that market segment, the key to a quick sale is ensuring that everything is brand new.That said, it doesn't matter if it's low-end new or high-end new, as long as it's new.

Comping properties is an artform and takes lots of practice. many RE agents can't even perform such a task for rehab flippers, even with all their access to MLS data.The key to evaluating your exit value (ARV) is to really know your market, know what it was doing and what it is doing.

Persistence is key!

In the world of institutional sales (REOs are the best example), having great relationships with the listing agents, asset managers and other people key to the transactional side of things, will allow you to get a nice advantage over the competition.

It's key to work with people you trust.

I'd venture to guess that even in the turn-key world, averages are meaningless.

If it's already zoned for the intended use then there is not much you can do as it was approved a long time ago.This happened to a subdivision here.The front was approved with the site plan a long time ago the developer just didn't build it.When the subdivision only sold out to 50% another investor bought the front entrance piece to put a strip center in.The city told the HOA there was nothing they could because the plan was already approved years ago the developer just waited to build on the land.So the key part to this is the new buyer are they building off of existing approved plans or does the parcel have mixed use and the investor is trying to maximize their return by building apartments??

I'm sure this won't work in all areas or with all banks, but patiently putting in offers on these things is working well for me.

The key to mastering value is seeing so many prices of properties both offered for sale and examples of sales that you become a master at it.