It's also very market specific, far more appealing in the southwest. 

You technically don't need an LLC to invest in real estate but since you already have one set up you should just use it.Even though OOS can be appealing I would consider investing here in your own backyard.

It was a lot more appealing (35-40k) before the appraisal came back

Originally posted by @Mariah Porter:4 bed 2.5 bath. asking 340K and I'm thinking of offering 10% under asking (306K).5% down = 15,300Rent = 1500Monthly payment including taxes and insurance = 15405% vacancy reserve = 75Looking solely at the rent to price ratio the deal isn't that appealing - but since this is a house hack the typical rules don't exactly apply.

I have been sitting on the sidelines way too long and have found an off market property that looks really appealing to me.

Side facts- we can carry the current monthly payments with the new mortgage on our current employment income but the thought of no debt is appealing.

Not sure if that will be appealing to any lender.

lots of curb appeal!      

The thought to wholesale this deal to a more savvy investor or group sounds appealing as well.

I thought once the property is deeded over to an LLC, it makes the cash-out refinance process less appealing as far as loans and interest, am I right on that?