Also since we are planning to buy multiple homes would it be best to put them all under our names or form some sort of LLC?

We are buying mortgage but our property is in a condo association with 50% or more investor owned condos.

I personally think your rehab cost is too low or your ARV is too high, but that is not really the question that we are talking about. 

We are 10 unit condo and pay the accountant $1100 for filing tax.

Live in is a good strategy especially if you will live there for 2 years or longer (section 121 of the Tax code) you will not pay tax on gains up to $250K single or $500K married, keeping that in mind markets change, so consider where we are and where you think you will be 2 years from now. also consider if you are there less than 2 years the gains are taxable at a very high rate about 1/3 or more of net profit for most people.

We are closing on a duplex come january (seler wantes to wait to close til new year).

If we are going to extend funding with no or low cash to close, no monthly payments etc.  

We are scaling into the commercial mixed use development space here in Atlanta market and are looking to strategically collaborate with 10+ years experienced parties.

Hi All,My wife and I just purchased some property with a manufactured home which we are planning on making a vacation rental. 

We are still working on the interior and haven't done anything serious to the yard, but I think about it constantly.