After that point, you manage the tenancy until they move on. 

Also if it's for a BRRRR, it can change the economics on the back end in your favor. 

That's $930 a year on top of management fees.

Quote from @Austin Wolff: Hey Kegan, I published on article on BiggerPockets specifically to answer this question for people like you (and selfishly for myself):The 10 Best Markets for Your First House HackNone of the states you mentioned are on this list, however.

One of my connections will fund the rehab for less and give it all to us on the upfront to finish the project at a lower cost.

Any recommendations on lawyers to talk to that can assist in advising on an LLC fund (if needed) and how? 

First congratulations on taking your real estate education seriously and putting yourself out there by posting on the BP forums.

Happy New Year from our Team to You! We made some big changes coming to Movement Mortgage early this year and we are incredibly grateful to be thriving and loving it here at Movement. We set a record for our Team, ser...

Welcome to the world of real estate investing, and congratulations on taking the first steps toward learning about this exciting space!

I have them on my properties.