You have a much bigger cost and time involved when you start setting these complicated ownership schemesup.

This method allows you to reach out to the BP colleague and ask who they interviewed with, who they decided to go with and if they like working with their CPA/Attorney.

The problem is unless you are the owner occupant everything involving a trade must be contracted with a city approved and licensed firm.

He could have also attacked me or killed me, so looking back it wasn't the best idea.Any time illegal activity is involved it is best to post notices on the door and avoid confrontation.

If there isn't a set space for each tenant's dog, make sure you require renters to have insurance-- dogs fight, and vet bills are very expensive, and they will be quick to involve the rich landlord and somehow try and make it your fault.Lastly.... how the dog acts is  99% reflective of  the owner, we have one duplex unit, she has 4 dogs, takes A+ care of them, walks them, lets them out.. 0 damage to the unit.. so it's really all about the owner!  

My long term goal is to have a portfolio of rental properties in my local area through the BRRR method that could allow me to retire, whether or not I choose to. 

2) What methods do you use to determine a comfortable number pay the lessor per month while leaving enough  wiggle room to pay mortgage, cover for vacancies, repairs, taxes while having a good cash flow left over with the intent of saving this to use for the 20% down payment when the option is exercised.3) Would you pay for an inspection up front before the contract is signed, or wait until it's time to exercise the option?

My question is that we are really looking for flips at this point but due to potential cash flow of this property, which i have yet to analyze, do yall think this could be a good candidate for the BRRR method or are there things i need to consider first that i may not have thought of yet?

However, we want to refinance right away, pay off the LOC + repairs, and take some cash out to purchase more properties (BRRRR method). 

Most experts also feel that if you turn a shovel after entitlements that involves you creating inventory and turns you into a developer.