We have basically taken C class buildings and did full renovations for about 10,000 or less a unit (bought 15,000 a unit under market) and created a product the our local market didn't have before.

My Cash on Cash return would be 15.78% and a cash flow of $99 per door.I am basically offering him 58.5% of the asking price.

So basically Bill agrees with me, but OTOH he doesn't!

Also I try to build processes around tasks to make things routine and efficient.

The IRS will require basically the same thing as they do all business entities, a good and consistant accounting system.

To truly setup and run a fund is detailed and can be expensive task.

It depends on what you plan on offering on the website as to which I would recommend however for a basic website I will recommend godaddy with website tonight.

I can't believe your agent even presented this to you as an option - he should be reporting this other agent to the FBI' s mortgage-fraud task force and your states board of real estate.Run forest, run!

I understand that young children are demanding, but presumably if babies can be pushed in a stroller on walks and driven on errands, they can also be taken with you to show your rentals and do very light tasks.

NOte - keep things that you find interesting - that is what a business is partly about.In summary, sharpen your job to cut your hours or boring tasks to extract maximum salary and benefits and enjoyment.