(and I'm a huge Rich Dad fan, so I am not just disagreeing with him for fun.

I will support my family on the $40k/yr and the rest will go into paying off my rental properties which some of you will disagree with but I have done the numbers and evaluated my own risk tolerances with loans for rentals and decided for my family paying off the ones we have is the best course of action.SO..

I really disagree with all these hardline posts.

They have some good points, but I'd have to disagree.

I disagree.

If it is cosmetic, another inspector may disagree with the first inspector.

I was only going to get about a 100-200 mo bump in rent.I don't disagree that the value is there... however I'm going to do it fresh when I go to sale it and whatever trend that may be at the time.

This is the first time I have to disagree with one point and ask you to clarify:  Get it under contract then run your due diligence.

I disagree as to me they are both needed, but I understand that for some it may not be necessary due to their threat level.Also using entities will create additional costs (creation, maintenance fee) and additional administrative burden to keep its protection veil intact (multiple bank accounts, paperwork trail, tax reporting).

@Kent Caldwell Welcome to BP@Ali Boone I disagree about Chattanooga,  I think it will cash flow as long as you don't over pay and you properly analyze the deals, cant speak for the other areas but I have been doing just fine in Chattanooga.