An LLC gives an additional layer of protection that is dramatically exaggerated by investors on BP and YouTube.

When running the numbers, even minor differences in loan terms can lead to dramatically different returns on capital, pace of portfolio expansion, and even positive cash flow versus losing money each month.

But if the property needs repairs or work done, you can really boost the value more quickly and get that heloc money back out and ready to use again quicker.

Houses in the nicer part of town are only going to appreciate more so purchasing that type of property would show high appreciation boosts year over year above rental increases in less ideal parts of town.Have The Cash In The Crash - I cannot stress enough how having cash during a recessionary period will benefit you.

Ultimately, our goal would be to purchase another home down the line for ourselves, and keep this house, renting out top & bottom (upstairs would be a 2 bedroom unit) for a constant boost in monthly cash flow.Does anyone have any words of wisdom they would be willing to offer, recommendations when it comes to the renovations, or any feedback in general when it comes to doing something like this?

Current day job is medical device sales with an income of 60k a year that should dramatically increase over the next 5 years. 

If there is a significant rate decrease, it will be because the economy is struggling and needs the boost that lower rates can provide.

I choose things that don't cost too much that I can add to the property, which will boost the house into the next higher tier. 

This would boost your likelihood of hitting stronger cashflow.  

Not surprisingly, pricing on these units has increased dramatically along with the rest of the market.