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.

Show up to "Change " the batteries in the smoke alarm and look at the kitchen and bath and do not let dirt to pile up.  

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? 

I am not sure how to upload this as a file (or if I have that ability w/o a Pro Account).Turnover Cleaning ChecklistGeneral Maintenance UNIT #: Change locks Contact utility company Tighten/adjust all door hinges/locks Check all door stops Replace batteries in ALL smoke/CO detectorsMaster BedroomRemove everything left behind.

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.