It was impossible to book the time and has caused grief.

One of the standard setup is to have each property in its own single member LLC in the state of the property.The property LLCs are then owned by a holding LLC in WY or NV to benefit from their good charging order protection.In addition, you would use a C corp as management corporation to take salary (if needed to show steady income for future loan approval), retierement, medical and other fringe benefit.

You can go online and check the Fair Market Rents that HUD uses to the determine payment standard amounts for the Housing Choice Voucher (Section 8) program in select counties throughout the country here: https://www.huduser.gov/portal/datasets/fmr.html.  

I'm creating this Forum Post as a reference point for newer investors, like myself, who are seeking to learn more about the different books and podcasts that have dramatically impacted your life as a Real Estate Investor!

Type the letter so it can be standardized, but sign it by hand and hand address the envelope.

The bank will have their own addendum which overrides part of the standard mls contract.

The BP books are excellent as well.

My whole point is that when analyzing a property in the book Brandon speaks of cash on cash return of 10% as a goal.

Its a short book, finished in 3 hours, but has also changed my thinking and actually has me wanting to become the bank

(And yes, I've seen posts on the forums about the standard setup of the newbie providing the funding, the experienced investor finds/manages the deal, and then splitting profits 50/50.... but I've also read where some newbies were not very involved in the process and therefore didn't feel like they were prepared to do it on their own after that JV, which is what I would want to avoid.