I know we spoke a few months back when you were looking initially and I mentioned my office Vanguard Realty in West Chester.

My initial thought was to buy and hold for a while, but didn't think the housing values would increase this much in this short of a time in my area.From an investment perspective, would you sell or keep the rental?

Although that may be a good place to start, the time it takes to get there will be longer than you are initially anticipate.

@Ryan WilliamsonYou will probably not get a conventional loan for an LLC.But you may find a commercial loan with a local bank.You will definitely need a personal guarantee initially until your LLC can show enough history.Start building relationship with your local lenders.

But if I’m paying cash and the initial loan is covered, do I make the same calculations for each additional purchase?

I am using most of the same numbers for all of this in my initial analysis as I want to be very conservative with my numbers. 10% for property management, a higher amount for insurance (depending if the property is in a flood zone I will add more) and maybe $150 in utilities that I would have to pay month to month.

@Jonathan ShnoravorianI use a combination of the following for initial review of an area:City dataWorld population reviewNiche Crime heat maps available on Realtor.comLocal area police departments.

@Mulugeta Berhe Good initiative. you will learn a lot and will meet tremendous folks, which will lead to create opportunities. if interested in Commercial Multifamilies I would highly recommend reaching out to the following gentlemen @Hendra Tambunan @Christian Bowen @Vinay Ari; 

To answer your question, I am initially trying to buy a 2-4 unit multi-family that is ready to go and financing with a VA loan.

Loopnet & Crexi are best used as sources for contacts & initial relationships with brokers, so you can build a list of broker names on those sites and go from there!