You've identified the lender's title policy as a junk "fee".You consider the lender's underwriting as well as the preparation of loan docs/security instrument by the lender's attorney to be "junk".There may be a few dollars to argue about in that list but not these.

My long term goal is to reach financial independence by age 30 through rental properties. 

Good morning,Has anyone worked with Atlas Financial LLC and Jeremy Richardson?  

If I had read your post when I was 22 I don't think I would have even understood it, so good for you for being so on top of your financial situation.Some things to think about:1.

I am 22 years old going to college and hope that real estate investing can help me be financially free in the future.

I've talked with some at length about my real estate goals and get positive feedback, but I get the feeling that I'm on my own financially at least until I've got a profitable deal or two under my belt.

What it said in that book really made sense to me but at the time I thought there was no way I could do anything about it to start changing my financial life while I was in college so I put it aside amid 22+ credit semesters of college and working part-time jobs, while also always being rehearsal for a play or musical as a theater major.

An LLC may be the perfect route for one person while an S-Corp may be perfect for another.While on the surface, both are doing the same type of business, the facts and circumstances regarding their financial and tax goals, their other sources of income, their tolerance for regulation, their family status and their retirement goals may be vastly different, which would affect the type of entity that works best for them.Taxes are not a cookie cutter, one-size-fits-all topic.

Are you financially strong enough to carry both mortgages in the event that you need to let your current SFR season as a rental? 

And if the builder is seasoned and/or has good financial resources in place then you should be fine.