The Castigliola, Renkemeyer, and Hardy cases come to mind.Review those cases and you'll soon see that SE taxation of an LLC member is a facts and circumstances analysis, and you might be surprised at some of the circumstances examined.Generally capital members of an LLC syndicate would not be subject to SE taxes, but its a good convo to have with your CPA as the facts and circumstances matter.

I have hear of several cities in Kansas, Ohio and Tenn but I would like to know why those markets are hot right now in order to make an educated decision as to whether they will continue to be a steady source of renters in years to come.

I just don't see another way for you to make it happen in a hot rental market.

I have the cash proof of funds on request and I will give you 5k up front that you keep if I dont close. the guy i was talking about above. he does that does not put it on the card but when he signs a contract he gives 10k non refundable subject ONLY to title.. 

Wanting to get started on my first subject to deal and I'm looking for advice on how to kick start it.

But even though your ordinary income would put you in a 0% cap gain bracket....The gain would it's self in a bracket subject to capital gains tax 

I've heard its really hot and competitive.

The apartment has a hot water baseboard heater above it but there are no signs of water stains or drips. 

How much is subject to recapture rates of tax because you depreciated over the years?

It takes up your time and it takes time to work the internet to return yields.In other words: Above paths will demand most of all the precious time input from YOU.There is a better solution.I didn't see the need to try another app like Arsenal MKg, and I'm not saying some might be happy with it, however, it depends on where you are currently in your business skill, knowledge and mindset level.I'm a commercial real estate syndicator and life long marketer, so yes, my response might sound bias to some, however, the real question you need to answer for yourself is: Do you want to be and stay stuck with the immense repeat time investment and painful learning curve, which no software will solve for you, or do you want to focus on growing your team (with the appropriate skills) and business by doing what you do best (outsource the rest): Buy & Sell real estate.Food for thought ;-)Feel free to check out a few of my other comments to other fellow BP-users on this same subject.A great book on this subject by Timothy Ferriss,  The 4 Hour Work Week.