Purchase price: $65,000 Cash invested: $65,000 Sale price: $225,000 Property was in a desirable location and had a great floor plan to work with.

If not prior to offer, typically a review of financials is part of income producing property or commercial transactions.

The plan is to rent out the top unit to a long term tenant and for us to live in the middle unit until we move out (if we ever do). 

Any recs on companies that help form LLC formation, business structure and estate planning services?

That partnership plans to flip properties.

I'm definitely new and I don't have all the logistics planned out this is just the vision now I'm trying to backwards engineer and figure out my steps I thought my first step would be to househack a 4-Plex on an FHA loan and then graduate to six or 12 units and then move on to bigger properties most likely outside of Chicago to your point. right now I am very confused this is the second time someone has said that four unit is not like a six or 12 but I'm not really sure in what ways is it the underwriting is it the management is it literally every aspect of it.

My fiance and I are planning our post-wedding strategy and REI investing is a core part of our strategy.

He told be that he had “already” purchased a $92,000 company car and spent $4,500 setting up a company defined benefit pension plan. 2.

While we plan on doing a lot of the work ourselves, we are realistic with our limits and will need to hire much of it out. 

Would also love any financial advisors you have previously worked with and had a great experience with.