@Alicia Gates(SFRs). [24 CFR §110.10(b)](b) This part shall not require posting and maintaining a fair housing poster:(1) On vacant land, or(2) At any single-family dwelling, unless such dwelling(i) Is being offered for sale or rental in conjunction with the sale or rental of other dwellings in which circumstances a fair housing poster shall be posted and maintained as specified in paragraph (a)(2)(ii) of this section, or(ii) Is being offered for sale or rental through a real estate broker, agent, salesman, or person in the business of selling or renting dwellings in which circumstances a fair housing poster shall be posted and maintained as specified in paragraph (a)(1) of this section,

If you are looking to purchase a single family property under $150,000 and rent it out from $1200-$1400, then Spokane is the place to be!

@Theodore ArztIf you ever feel tempted to believe even a single word that comes out of a convicted felon's mouth, you're setting yourself up for a fall.

The total inheritance tax would be $32k.This is in contrast to having to having one of my parents purchase the property as a sole proprietorship, where at the moment of death, a single exemption of $60k would be applied, making it an inheritance tax of 40%($200k - $60k) = $56k.

@Nicole Walley, I started down my own REI path several years ago by purchasing a couple single family rental homes.  

Methods I have used include:- House hacking - I lived in one unit of a 4 plex I bought using an FHA mortgage and 3.5% down payment- BRRRR investing - I bought a house in rough shape, rehabbed it, did a cash out refinance, and rented it out, and repeated- I bought a single family home, lived in it for 2 years then turned it into a rental- I took three loans over the years from my 401K for the down payments on 3 of my houses- I bought a 4 plex non-owner occupied using a conventional mortgage with 25% down, but over the course of 5 years it doubled in appraised valueI have one property with a 15 year mortgage and I break even every month with rent.

Does anyone see advantage to maybe just doing a Single LLC in one state (with one of the rentals being listed as a Foreign-entity)? 

I’m about to be finished rehabbing my first single family rental property.

Whom do I go to to learn this information?

I want to purchase a single family home from a wholesaler and practice the BRRR method.