For the first my aim has been to wholesale it to get the experience that way and then learn the property way to add value and reposition when I am to buy and hold - which is the long term goal.

Hey Erik,  It was a no money down, lease to own, have renters, hold on to the property type of course.  

Anyone in this market that has a multi unit available, we are actively looking to buy and hold. 

Flipping can certainly be done part-time, but it won't maximize your returns with holding costs.  

I'm looking to acquire and hold long-term SFR properties yet I'm open to any of the other elements of REI business.

My banks require 6 months hold time before you can "cash out". 

Yeah we are our area comes with high competition, I am looking to do flips but also buy and holds interest me , where do you find most of the deals you are looking at ?

This will not hold up in a court of law, as there is "Real Property" involved in the sale.

It's not fun and can cause a little extra work, but ultimately the LLC is the way to go.We now have 5 LLCs to hold different sections of the portfolio each has its own bank accounts, income statement balance sheet.

My husband and I are interested in investing in rental real estate (initially buy and hold) in order to supplement our retirement (which is about 20 years from now).