Our plan is to buy our next rental in the GSM market.

I'm just getting to a point to where I can consider starting to plan for my first property.

We have the space and plans, I just want to secure financing before getting started.

I plan to invest in Erie County outside the City of Buffalo. 

For example, Inheritance tax, capital gains tax ( not planning on selling but just in case), etc. do we create an llc within a trust or do we create a corporation. my accountant recommended a c corp and doing a title transfer but from the research I've done the leaves us liable to capital gains tax.

How long do you plan on holding and what’s the requirements to renew the land lease?  

My plan was to acquire a property through owner financing, and find someone whose goals align with what I'm trying to accomplish and have them cover the down payment.

Basically, I'm planning to self-manage until my portfolio grows beyond my capability to do so.

Do you plan on doing the work yourself?

To quit my well paid job, for which I attained 2 undergrads and a Masters, I needed to know that I had a plan that worked.