@David Lee when you get to the point where you are ready to schedule repairs.

My question is what is the criteria he chooses when buying his list / asking of his list from the title company.If anyone knows or Aaron can chime in I'm ready to take the advice and run with it.Thanks!

Rehab and repair expenses Prior to it being rent ready get added to your purchase basis, and depreciated, not written off this year.

Once you get ready to close on a property it makes sense to form an entity to hold it in though.

I'm not fully ready to jump in the game but when I do I don't plan on getting out so I'm here to learn from you guys for a while.

Another aspect is are you looking for move in ready or are you interested in a fixer upper.

I have 10k ready to go. but I don't own anything, I finance a car. any thought guys. how much did you put down on your first home what did you buy for?

You could probably lease it now for a June 1 move-in at your full price for a 14-month lease.Personally, I would work out a deal (if push comes to shove) for them to pay $800, and move out May 15th so you can have it ready for a June 1 tenant.

I have my contracts drafted, my money partners in line, GC and attorney all ready to go.

But, it will be a negotiation at that point and unless you have the funds ready to pay off the note, you are in a very weak position at the negotiation table.