A little patience and properties often hit the market with lots of hidden value opportunities 

I am starting out in my real estate investing journey and was hoping to see if fellow investors recommend pursuing short sales, banked owned properties and foreclosures, versus pursuing typical MLS properties or off market properties with distressed properties or sellers.  

I'm focused on building up the down payment now and trying to identify a good market(s) to invest in at the moment.

This is basically the exact scenario that DSCR loans are designed for. 

Separating Y and taxing it as an S Corp could be beneficial if you're looking to take advantage of those tax savings, but only if Y's profits justify the additional administrative burden.Rental Agreement for Home Office:Yes, you can lease your home office space to your LLCs, but it’s crucial to keep everything documented and ensure the rent charged is fair market value.

Which market is the best?"

I'm glad to hear ou say "invest in my local market".

As is typical with government intervention into the public markets, the intentions of this policy achieve the opposite.

I would love to talk to someone that has experience on this market and could tell me a bit more about it. 

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