For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

The other key to this property is it has city water and sewer at the lot lines which would obviously be cheaper than well and septic + has electrical just next door. 

Hi there,Just wanted to hop on here to share my experience with Open Spaces.I had wholesaling and flipping experience prior to joining Open Spaces- but I never held on to a property to BRRRR prior to joining the group.

I just got my first rental property so I am very new to all of this. 

Although I’ve been a long-time member, I’m just starting to engage more actively here.

I have the same thing in all my properties and can connect in remotely using the same app and login.  

As my first project I would like to purchase the property out of the trust, maybe move into my newly formed LLC, and convert to a 2 family.

IF all projections are met and the property is sold after 5 years it will be about a 10% annual return after all capital gains taxes are paid. 

- Should I purchase the property through an LLC for potential tax benefits?

Hi All,I'm looking for some advice on a property management software.