So now I own a little house in the historic area of McAllen and we just bought an office building for our operation and we are renting space out.

I started my IT career as an overnight backup checker and have moved all the way to being an Operations Manager running a Managed Service Provider.

My background is in transportation logistics, so managing tons of moving parts and being ahead of the game is at the core of our business model.

I opened my LLC in June and just got my first deal for the entity under contract.DetailsPP $46,900Rehab <$20,000ARV $105,000Rental Range $825-$875Monthly Operating Expenses $311.17Paid Cash and will open a LOC once rented and appraised. 

Also, having tried to get a couple bays next to each other on the weekend (tried being the operative word) we may have better success with scheduling during a weekday. 

Yes you will also need your certificate of formation, operating agreement, franchise tax info(if applicable in IL)-basically just bring the company book with you.

That’s not how the Tax Court tends to operate – very much the opposite.

The ones that do survive 80% plus are owner operators meaning they are the business and have just a few employees.

My guess is the houses are in class C areas because they had to be, for ARV and cash flow purposes, but are unlikely to operate at a high enough Cap to justify a buyer not just moving on an APT building instead.

I operate a property management company in Indianapolis called Intrigue Indy.