Our strategy is to buy and hold, benefit from the positive monthly cash flows, and sell after about 5 years of stress free property management.The issue I am having is selecting finishes that are reasonably affordable (dare I say cheap), durable for renters, and still get top $ on an appraisal when we go to refinance. 

Our strategy is to buy and hold, benefit from the positive monthly cash flows, and sell after about 5 years of stress free property management.The issue I am having is selecting finishes that are reasonably affordable (dare I say cheap), durable for renters, and still get top $ on an appraisal when we go to refinance. 

You can immediately see the benefits of having a proper estate plan in place for the ease of transition rather than going through probate.

You're correct that improperly drafted documents and noncompliance could compromise the asset protection benefits of the structure. 

In my opinion the best choice would be to see what position you are in now and which one will benefit you most on getting the knowledge and ball rolling for you on your own

I put a Duplex on the market in Michigan and received a land contract offer. It presents itself well like buyer offered over-asking, the interest rate is great and financing for a term of 6 years with a balloon at the...

Although I am still in the education phase, I’d like to gain an idea of how to fund my first deal by asking those who’ve surpassed this first step.

I’ve recently started taking an interest into realty, for its many challenges and benefits.

I’ve recently started taking an interest into realty, for its many challenges and benefits.

You'll get the benefit of their experience and you'll probably learn some ideas to incorporate into your plan.