Then just a general welcome letter introducing yourself and a little bit of your professional history. 

I just wanted to say, hello and introduce myself as a newbie to the real-estate investing world. 

In either case, the cap rate to focus on is the acquisition cap rate which represents the UNLEVERED year 1 cash on cash yield you will receive before introducing debt payments.Given the current cost of capital, introducing -7% debt against a -4% acquisition cap rate will surely trash your after debt coc.The only way a 3 or 4% acquisition cap can work is with a healthy value add development plan.

Spend an afternoon calling all of them, introducing yourself, learning about their lending parameters, etc.

I introduced myself here a few years ago when we relocated to Boston MA and was intending on starting my real estate journey there when life (and covid) happened. 

In 1998 I discovered Tax Lien Certificates and in 2000 was introduced to Tax Deed foreclosures. 

Going to local REIAs will help introduce you to people who will become valuable sources of local information.

Good luckThank you Dan for the detailed response. on 1, This seems to be an systematic issue because when additional living space is introduced that should result into increase in value.

Introduce yourself to the contractor and build rapport. 

You generally don't want to own rentals in a C Corp.Owning a property in your name vs. an LLC is a moot point re: taxes; all activity winds up on your return regardless.Also, in regards to a separate matter... the new 20% deduction introduced in the new tax law.