When this is an issue, I work in tandem with my clients' CPAs.Another way to look at the question of entities is the nature of the risk. 

Once we knew she could work from home indefinitely, I asked, why don’t we rent an Airbnb at a home near a beautiful nature site and work out of there for a week.

(Given the off-market nature, 90% of engagements have an offer at time of meeting.)What I am trying to build into my spreadsheet is the following. 

And you have only cash flow to pay for it, because there will be very little principal pay down, appreciation (forced or natural) or tax benefits.My suggestion is if you buy in this price range, focus on capex and condition, find a property that has recently been improved, so you can cash flow it for a few years and sell it before you have to spend money on it!

Natural if possible, but propane would still be a good investment.

HiI am buy and hold investor looking to buy turnkey or Burr in the Detroit and surrounding areas of Mi. what are the best neighborhoods, that are a being revitalized and are on a path to growth.

Expecting to make money off of a persons basic need and then using that need as leverage to basically force people into submission.There’s no concept of fairness in the nature.

Or should I be staying away from projects like this for my first property and focus on finding something that doesn't need too much work that would still slightly cash flow (when I'm not living there), and has a potential to appreciate naturally?

I'm in the process of creating a website for my new business which I want to use primarily as a lead gen source for buying properties, however, given the interest and support of my efforts I'm considering also including information about the properties I rehab and the progress/before-after photos because the community is really interested in revitalizing the community.  

Brandon Turner also says to focus on friendships, and mentors naturally come.