Hi Geoff, who did you end up using instead if you don't mind me asking?

This sounds like what I had my mind on.

But be mindful of the debt service requirements and ensure your rental income is sufficient to cover the loan payments.It’s definitely possible to scale up with DSCR loans—many investors use them to build large rental portfolios.

If you are in the CLT area and are looking to connect with othr like-minded individuals, I would love to grab a coffee with you!

you live and die by your sub contractor relationships.. this is the key in my mind.

I love going out to try new drinks and try new food.

I’m here to learn as much as I can, meet like-minded people, and get advice on making a solid first deal.

Be mindful of recapture tax when selling but consider long-term strategies like a 1031 exchange.This post does not create a CPA-Client relationship.

I would echo this, it is a great REIA and the best place to find local, like-minded individuals and resources. 

Also, keep in mind that an IN multi member LLC would require a separate tax return, so you would want to budget for extra admin fees.