Single loan amount is $100kIt is brand new and they did not appear to know a lot about notes as I told them you will not get an appraisal with interior inspection and he did not know how to respond.PRNEWSWIRE.COMSharestates Offers Non-Performing Loan Financing NationwideReal Estate Crowdfunding Company Sharestates Launches New Non-Performing Loan Financing in 4

An LLC can elect to be taxed as an S Corp, although the default tax status of a single-member LLC is a 'disregarded entity'. 

I can't see these houses having a combined ARV of more than $300,000 based on recent comparisons. ($180k for the larger, $120k for the smaller) and that's pushing it. 

Read the single-family residential 1-4 contract from start to finish at least 1 time. 

If old T pays through end of lease, it is NOT a broken lease, so no broken lease fee.Texas also has a law that states you can have only a single satisfaction; no double recovery. 

I will say, its doubtful that you will find anything that will actually support a 5+unit building on a single lot in New Orleans.

I have enough saved for a down payment on a single family rental property, and have been browsing the MLS sites for a few weeks.Here‘s the catch - I’m renting right now in Downtown Tampa, and it isn‘t cheap.

@Thomas S. thanks for the reminders on the ways single family properties are different than multi units.

@Daniel GolubFor single member LLCs, you can probably get by with services like Legal Zoom.

I assume it's just the bigger stuff and single family homes (electrical, roofing, etc) but just want to make sure as I want everything done the right way (not always common here in Miami.)