@Victor SolomonUsually not recommended to hold title to a property in a S Corp. 

Despite my repeated attempts to seek a resolution and clarification from NREIG, their representatives assured me that the issue was being handled, only to leave it unresolved and unaddressed.Now, to my utter disbelief and frustration, the bank has informed me that we are responsible for the lack of coverage during this entire period.

And yes I’d have no problem tweaking my strategy and doing it as more of a buy and hold type thing.  

On the other hand, you can repeat the process every year through house hacking and rent out your current primary house by converting it as a rental and acquire another property.

Or, should I try and find an investor that’s looking to by and hold for a flip?

Hello All,I currently just closed on my first BRRRR/rental property today and I'm trying to get everything situated as quickly as possible to get rehab under way (I don't want to hold a balance on my HELOC for very long!).

Factor in about 10% of the sale price to go towards closing costs (transfer taxes, commissions, attorney fee, etc) and miscellaneous expenses and you're at $625K so far - this is NOT including demolition costs, holding costs (taxes, utilities, insurance, management, etc), architectural drawings, surveys, building department filing fees, etc.That said, you may also want to consider the costs and potential benefits of adding sq ft. to the existing home and/or updating the home to potentially boost your sale price.All the best!

We were caught holding the bag on a few flips last year when rates went up which was not fun. 

Then the cycle repeats.

Hi all, quick question today.I've been looking at a few older property listings while searching for a buy-and-hold rental property in Michigan.