LLCs are way overrated for new investors as you would need to buying cash or commercial to get them in an LLC anyway.

Insulate, add electrical, mini-split ac, and possibly plumbing, as desired, drywall, tape and paint, put built-in cab's on one side if you want, hang the tv, speakers, etc, install bi-fold/multi-fold doors on the side leading to a patio, and replace the garage door with an insulated one keeping the track and removing the motor, or install a carriage type garage door into the existing garage opening.

Purchase price: $500,000 Cash invested: $125,000 Bought a 3 unit property 10 mins away from me!

I recently went to the forums, and EACH AND EVERYONE is FLOODED with "I need deals," "I need cash buyers," etc.

YES, you can still achieve cash flows of 7% to 10% in the single-family residential (SFR) sector.If you want to learn more about these opportunities, don't hesitate to reach out.

4 individual water and electric meters.The point about individual townhomes and sprinklers.

During the term period, do i take over mortgage payments and pay the seller a rental fee/rental premium from the cash flow?

Amazingly, they suddenly figure out that they happened to leave some spare rent money under the mattress or their rich uncle left them a bond they can cash out.

My PM used to use a software rentec, and rentec would give you a running tally of cash in/cash out across your whole portfolio. 

Context: I’ve been using MLS, realtors and wholesalers to seek out my first investment property (debt free outside existing mortgage, $100k cash saved, stable income), since my network is fairly new and limited as a green investor.