You have a unique plan which I wrote down and plan to do.

I understand the difference between passive investor, active investor, and real estate professional in the eyes of the IRS, but does investing using an LLC give unique tax advantages too?

$3,200 Costs Gross Income CAP RATE 10.73% 9% YES Mortgage, taxes, insurance and utilities $2,040.44 $38,400.00 CACROI 7.97% 10% NO maintenance and capex $ 640.00 20.0% break even point in months 75 60 NO vacancy $ 320.00 10% NOI $ 199.56 $500 NO down payment $ 12,525.00 5% Tax liability $ (6,714.40) $ - YES Fees $ 2,505.00 1.0% Annual Net Income $ 4,073.29 Cost of Capital Improvements $ 15,000.00 Monthly Profit $ 199.56 1793 TAX Money REVERSE VALUE 21516 Net Income $ 32,627.19 $362,524.30 172128 Depreciation Expense $ 9,109.09 Projected Taxable Income $ (6,714.40) Item Cost Tax rate 1.81% Roof $ 15,000.00 Estimate Mortgage Interest rate 3.25% Payment $1,035.68 Period in years 30 PMI $ 106.69 Taxes $ 377.84 Insurance $ 103.23 Total $2,040.44 Utilities $417 DEAL 2Deal 2 is a commercial property that in a well loved local neighborhood where renovations and flips are very hot.it requires some work to turn it into a duplex but its location is great and architecture very unique.

(The BRRRR calculator also shows you this number.) personally, I won’t do a deal with less than 100% CoC, but I prefer much higher.Hi Tim,Sorry I got caught up with Property Radar--new toy with many features! 

I'm still toying with it, but it looks pretty robust and much nicer/easier than a spreadsheet.

Each deal is unique.

"Too low" is a price that cannot be justified with the facts of the property (including comps, condition, market supply/demand, sellers unique needs, etc), and IMO, should be completely irrelevant to the asking price.If I list my $300k house for $1m tomorrow, because no one can stop me from doing so, would you ever consider offering anything close to that?

You on a motorcycle vs. you delivering toys to orphans are trying to convey too different things. 

While many say Rich Dad, Poor Dad (for very good reason), there are some unique answers that can help you out tremendously. 

(And a garage for the toys, cool place to live, and solid quality of life...)