The numbers will look great on paper.

@Jay I agree, but I still like to get into the actual numbers before putting ink to paper.

. $2k a few times a year for pushing contract paper and a few searches is better than $5k once a year -mentally & fiscally.

At least this is what I thought, I never did a paper comparison of both tax strategies.In a real real estate business doing wholesaling and fliping, where there's driving expense, buying of software, monthly fees for (too) many services like VA's, call centers, out bound dialers, yellow letter mailing expenses.

It's just a peice of paper!

Anything anchored almost always ends up being damaged by a tenant, towel bars, wall mounted make up mirrors, curved shower rods etc...Bullet proofing rental properties is a big concern for us to create quite painless tenants, so adding anything with the potential to become an issue is heavily weighed via it's pros and cons. 

One could type or scan them, but never been an issue to just to have paper (or print something to add to the file).....Just keep it separate from personal.

And if you reside in FL and make loans say in a state were its not required to have Licensure.. since your domiciled in FL you may still need to have an NMLS rmlo license.. this is the case in our state of Oregon... does not matter were the property is its were your offices are.Now we can go right across the border to WA and its commercial purpose and licensure not required.I would follow Jon's line of thinking and hook up with a great mortgage broker in your area and let them do your first loans so you get a feel for it and the paper work...

I like putting all the options down on paper like this and presenting it and let them pick one.  

We buy 500,000 envelopes at a time to get our costs down, same with cardstock and other paper.