I wanted to validate some of my thoughts, gather feedback, and potentially make some mutually beneficial connections.

I found this deal through a mutual friend on a Facebook Group.

I’m at a bit of a crossroads with the direction that would be most beneficial for my goals.

Getting started, would you see it most beneficial to stack by starting in SF and moving into MF?

I want to put together a team that can mutually benefit everyone, so we can all make as much money as possible.

Full disclosure: I'm no professional, just giving some insight as to what our inspector discussed with us.It actually was beneficial in that the inspector could easily go under and inspect the structure, subfloor, plumbing, etc..The concerns that our inspector listed were things such as damage/rot to sub-floor,  ensure the support post/columns are structurally sound, the raised front patio is concrete and brick, but they used temporary wooden bracing in the construction but left them in place afterwards which he said provides termites a way to get to the framing of the house.

Most recommended to open an LLC for each property and title the rentals to the LLC.It is a lot of administrative work and I am not sure what will be the most proper and beneficial way.

@Kerry RochaLLC's within the state of TN may be required to file a franchise tax.S-corp may be beneficial for you if you plan to flip houses.Good luck in your search for a CPA.

Here are some thoughts, not mutually exclusive:1) sell one (or more)property and exchange into a bigger property with more paydown and more cashflow2) change to 30 year notes to generate more cash--we have the lowest interest rates we are ever likely to see...sounds like you could be making a lot more cash flow.3) Maybe with #2 and even #1 get a HELOC and use that as a downpayment for a larger, performing property.Not ragging on your strategy at all, but its a slow growth one.

Sounds really beneficial.