@Saar KaganHi Saar,I think what you are describing is one of many routes to RE success.

We understand that the online legal "do it yourself" route is much cheaper, but we'd like to be 100% certain we've covered our bases, and we're fully protected.#3 What tax strategies should we be aware of going into this LLC?

I am buying through FHA owner occupied route, so most properties are in near turn key conditions that I am looking at.  

Airbnb actually has a recourse where you can partner with a local host to manage your property so that may be the easiest route to take

Then branches to Roger, Global CD, etc...then the title companies...etc..I continue to get calls from disgruntled investors and groups alike and from what I gather, I wouldn't be surprised to see this scam hit $100 million.Steve and Sharon, my question is this: You guys have all of your clients and are pursuing reimbursement through several routes.

The best route is to take the 25k and go to a market where you can find a property (within your price range) that needs rehab.Find a lender that will lend on a rehab or (if your credit is not the best) a hard money lender.

An investor I deal w/ tried the Trac route & was not impressed.

I, myself prefer the sun belt over the rust belt (My investments are in Texas for quality and Alabama for cash flow and as you know, a little piece of land in Lehigh Acres, FL) However, my point was that if you are tight on cash and do not want to rely on financing, low quality, high cash flow property can be a good rout as well.

However, I've decided to take a different route than doing it just as an investor / wholesaler and have decided to get my RE license.

Once you have built some equity couple years down the line, refinance out of it and get the cosigner off the loan- If you have good credit and little debt, you can even get a conventional loan at 3% down (vs 3.5% for FHA) which has cheaper PMI (vs much more expensive MIP for FHA) and is more lax in terms of regulations- Finally, if this doesn't work, you can certainly go the DSCR route/owner financing but it's not cheap/easy (Seasoned investors/pros make seller financing sound easier than it is.