- I understand estate taxes will come into play once I "pass on" my portfolioC-Corp- Can avoid the 30% tax witholding for NR aliens- Possible double taxation when taking money out of the company through dividends/salary- Shielded from estate taxesI'd love to consult with someone that could talk me through the advantages and disadvantages of each and help me set up the appropriate structure given my situation.

Hi,I have been interested in real estate for a long time, and this website has great information.I have been driving around and taking note of distressed properties, my next step is I try to find the owners information and call them to see if they are interested in selling.I finally found a very motivated owner that wants to sell, the problem is they are asking over double the market rate for the value of their property. 

Double check the zoning to make sure you can really do what you want to do. 

I'm not saying I don't think you can't achieve those rents, because it obviously depends on the finishes, but I would just recommend focusing on the big picture stuff on a deal before nit picking every maintenance details because honestly it's an educated guess either way.

I want to know from other investors, especially ones that work with wholesalers, if what I am planning on providing investors is overkill.Once I have a signed PSA, I plan on:paying for a title check (to make sure the title doesn't have any unexpected liens)scheduling a home inspectionhaving a general contractor provide a renovation estimate (labor & materials) for both a fix-n-flip and a rental renovationAn ARV appraisalI am planning on compiling all of this information, along with a copy of the PSA, a full RentFax report, pictures of the property, and a video walk-thru into an "investor packet" that will be emailed to my investor list.

Using that, I can quickly record an expense, assign classes, amounts, expense type and even snap a picture of the receipt.  

Good luck and like @Andrew Fredrickson said, post a picture and get a Pro membership!

How old is the roof, furnaces, hot water tanks A/C etc.. if you are setting aside $240 a month and all these things have 5 years or less left on them then you better double or triple the cost for repairs each month.

I think you should go find a killer deal, put it under contract for yourself and then finds someone to do a double close.

Despite tight housing inventory, rising interest rates, and affordability challenges, Austin posted double-digit increases in both single-family home sales (up 13.5% YOY) and sales dollar volume (up 19.8% YOY).