one thing you might want to consider is what particular niche do you want to concentrate on.you have owner occ notes.. 

I believe the details and uniqueness to your longterm plans as investors, will determine how you setup your llc or llp and the specifics within..

@Dominique Ellis, I own a portfolio of Section8 properties and teach other landlords locally to succeed in the niche. 

It is a niche strategy that can be very difficult to pull off if you are not super careful with what you are doing. 

Lastly, my partner and i both have full time jobs which could carry all the loans month to month if needed but i understand that is a unique situation and agree something everyone should consider before taking on additional debt. 

Appraisers are supposed to look at location, configuration, size, condition, style and then after all of that is done, then they can get super picky with aspects pertaining to lot location, lot size, or uniqueness of the property or whatnot, such as the floor plan.

So I believe 2021 is the year I take the plunge into Real Estate and add this great asset into my portfolio.Now I understand everyones situation is unique and the best plan for someone wouldn't be the best plan for another. 

Before I spend that sort of money on a niche system, I’d like to hear from the successful professionals.

What real estate niche are you currently working in?

However, you can use the 1% method as a quick analysis and if meet, then do more in depth 4 square analysis.My niche is multi-family in Las Vegas.