I have set up a Single member LLC for him, and am wondering if I should put him on payroll with his other employee(s), what would be the best thing to do as far as taxes and accounting go?

So I'm looking into growing my portfolio with single family / multifamily homes ranging in the 40-60k range. 

Hi Charles, just curious, would your recommendation for an experienced investor of Single Family moving into Multi Family as an eventual Syndicator be to become a Personal Student to start with or a Foundations?

How should I get started, and is it better to start with a Single Family home or Multi Family?

In any property where a single tenant has exclusive use of a yard it is a given that notice is required.

Investment Info:

Single-family residence fix & flip investment in Enterprise.

Purchase price: $10,000

Cash invested: $43,000

Sale price: $110,000

Worked on the project from June to December, ...

@Priyanka K.When investigating new markets I look for things like population growth (upward over the last 10 years)Job growth 1% or greaterUnemployment =< national averageper cap income 20KHousehold income 3 times annual rentnumber of households (in comparison to other markets) Favorable government policies (is the local government looking to attract business) those numbers will give me a sense of the macro market.

It's going to be a single family property.

The single family home is worth 200k.

I am looking for my first deal to be a rental for a single family home.