The benefit to you is you get the benefit of owner occupied financing, you are on-site so you can keep an eye on the place, and you are on-site so you get told of every little problem**ok, this is a mixed blessing.

Rehabbing is fine if they are selling turn key but then you have to watch out that they are not padding the numbers.One bad tenant in a house can wipe out your cash flow for that year in some cases.Some markets are rental only,some purchase only,and some are a mix of the two.So you have to decide if you want cash flow only,appreciation only and break even for cash flow,or some of both for your strategy.Best part of the U.S. to buy is a loaded question.Again that will be subjective as to do you want immediate yield only (cash flow) in a dumpy area that will not appreciate much if at all??

I can see, however, that you need to thoroughly drive these potential neighborhoods, to make sure that you’re defining truly homogenous areas, and aren’t mixing in some not-so-good streets.

There is some mixing of concepts here that seems to be leading to confusion.

I've read mixed things about mobile homes because of depreciation.

I looked up one inquiries facebook and it had party stuff all over it... mixed in with her emotional rants.

If you mix personal and business funds in the same bank account for example the "corporate veil" of the LLC can be pierced.

Couldn't resist a great property at auction today and now I have to figure out the right way to pay for it.Essentially I have half the cash available in my S-Corp account and half the cash in my SD 401K acccount.I have never "mixed" a property like this.Suggestions on cleanest way to structure?

I never knew I had it mixed up. :)

Again, FHA can go a little higher at 50%.The self employment situation you have adds to the mix here.