There's plenty of them here on BP if you are looking to buy something over 80K.As for agents and property managers.....plenty here on BP that will help you out......If you're looking to spend over 80K.If you're looking to spend less than that you'll probably here nothing but crickets chirping and/or people telling you not to waste your time.....or theirs......If that happens to you PM Me and i will tell you excatly what a couple of people here on BP DID tell me to do to find a mortgage lender, Property Managers and Agents that WILL work with you.  

No firsthand experience, but every time I've seen this question come up the responses indicate that for a few small units LLC will not protect you better than simply adding an umbrella policy to your insurance while being more complicated and expensive to maintain.Also many snags to consider such as banks not likely to finance residential property to the name of an LLC, transferring to an LLC later can trigger a due on sale clause in your mortgage, if you mix personal funds and LLC funds to pay for something you can negate all legal protections.

Mortgage, tax, water, sewer, trash, utility, snow plowing combined cost is $3250.Yes or No?

The mortgage is 100% in my name and it shows up 100% on my taxes alone.

Expense-wise my mortgage payment runs $55K/yr and PITI runs about $15K/yr for an obligation of $70K.Which of these scenarios is correct as it pertains to the DTIR on this property?

We own another duplex in the area that has done very well but bought it 7 years ago.Sale Price: 426KBeds/Baths: 4 beds 2 bath on one side/ 3 beds & 1 bath on other side which can be upgraded to 4b/2bath.Closing costs: $8749 on Mortgage:  4.5 % 30 year mortgage with 25% downRepairs & Rehab costs: 30-50K to add AC units, new furnace, new electrical panels both sides.  

I've thought about having her pay cash for them and I pay her like a conventional mortgage or making the down payment and having me just pay off her down payment with interest. 

Yes, you can split it up and get a  Conventional 1st mortgage for $424,100 and a 2nd mortgage/heloc for the rest.   

One of the first deals I did with my current partner was a property that had a $70K mortgage and was already in tax sale foreclosure.

I'm interested in purchasing multi-family buildings as well as hard money lending and possibly doing some private 1st mortgage residential loans..My goal is to buy one multi-family building a year.