View report*This link comes directly from our calculators, based on information input by the member who posted.basically analyzed this deal best i could just started analyzing rental properties..loopnet ad barely had any info i just found some pictures on the inside and realizing that you would need more then 15k for rehab since it looks like it needs new cabinets in kitchens  would all depend on getting the deal right. ... thanks for any suggeestions and please let me knoe any good cities you guys think i should be looking at !

If i wanted to rent my house, I can get $3500 a month which would cover my costs.

You can borrow funds to cover both the purchase and renovation costs. 

If i wanted to rent my house, I can get $3500 a month which would cover my costs.

The overhead of administering a corporation for tax purposes needs to be factored in as well.Beyond the quantitative analysis of the LLC, there are other quantitative factors and also qualitative factors:-What does OP's father's tax picture look like outside of the LLC? 

Earlier today, I stopped by my properties to install faucet covers to protect from freeze.

This will be covered.

I advertised this on CL and got a call from an interested person that states he has has rental assistance that will cover most of the 'rent' and he will contribute the remaining $25 per month.

If it's not in your name, it's not your responsibility.Now, you two get married, then that's a completely different picture, depending on how your jurisdiction handles community property.In any event, I'd suggest you find a local lender and get pre-qualified.

My first property I want to do a house hack duplex or triplex and use the rent coming in to cover mortgage plus a little cash flow.