Especially when you add the BP membership on top!

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

Working on a deal that the seller is open to carrying up to 10% of the down payment.

It sounds like it is priced a bit on the high as you suspected.

When you calculate 12% cash on cash returns on ever house on a street you are in a C class or lower area. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I have my eye on a cute little two bedroom to rehab for my mother in law.

Same with STR's, you have more opportunity to change rates depending on time of year which this time of year is great for Phoenix. 

Purchase price: $85,000 Complete gutted single family home on double lot acroos from Buffalo Lake.

I’m a construction manager with years of experience working on rental properties and flipping homes.