***DISCLAIMER*** I Own & operate a cleaning business.

Fox 13 news gave us a look at a virtual tour Tampa released recently that gives a good idea of what Tampa could look like in 5 – 10 years, if the existing and pending projects are completed as intended.What’s Expected 10 Years from Now?

Hello BP - I am planning to open an Operating, a Security Deposit and a Cap Ex/Reserve business bank accounts to manage my first multifamily rental.

.- Make sure you get all LLC documents (Articles of Org and Operating Agmt), and that the signatory on all loan docs (Note, DOT, Disclosures) matches the authorized signatory of the LLC perfectly.Good luck!

It is also operated under a single EIN, so there are some benefits through streamlining operations.With that being said, I would also have recommendations on separating your assets from your operations, but then I would veer quite far from your original question.

Profits from flipping at the volume you appear to be operating at would more likely be considered self-employment income subject to regular taxation plus self-employment taxes.In that case, being able to shelter some of that income from taxation by contributing to a Solo 401(k) could be advantageous.  

I want to start off virtual wholesaling in Greenville County, South Carolina because I have these contacts, know the popular real estate rehabbing areas, and feel most comfortable starting in this type of market there.

It's very nice and relatively easy to operate.

There are things that are more likely to survive and operate through a recession, but there are no guarantees.

I am putting this out there to see if anyone is willing to share their experiences in buying or operating mobile home parks in exchange for a free cup of coffee.