Until last week.I always thought a legal contract is a legal contract.

I would definitely always do your numbers conservatively though when analyzing the deal because this is not guaranteed and can be very risky if you rely on the higher number!

the Mgt LLC becomes the landlord, and the Title holding entity is basically fallow (except annual funds transfers since the Mgt LLC has to payout to its client sometime for a legality I think).LLC's have employees. 

I definitely would love the help but I have to ask if this help at a cost

It definitely helps to have a PM, if not at least some boots on the ground should something come up. 

I would definitely talk to a CPA, but I believe you'll already maxing out your home since you're using it as your homestead and writing off the mortgage interest. 

Quote from @Kasim Rashid: Hey everyone, I'm a new investor who recently purchased a property in IL@Kasim Rashid: an abstract of title means it's a list of the things that have happened to the property from a legal perspective.

I can definitely help you build your creditstart with the discover secured card.....because it graduates generally after 6 months.

I have to do it this way for legal reasons.

@Ferrode Joseph Cash flow (CF) might be challenging these days, but it's definitely not impossible.So, how do you analyze your properties?