There are some pretty sizable duplex projects I've seen done and purchased on market where they add a third story and even a third unit on that third story and convert them to condos...that kind of rehab is going to be $200K easy, but the value you're adding is substantial...thats a much different acquisitions strategy than if you are trying to get in and out of a rehab for $30K.But all in all I'd say off-market will always be "better deals" but certainly there are still deals to be had on Market if you understand your strategy well and know what your buy box looks like to execute that strategy.  

In 90 - 120 days business owners can obtain $100k to $250k in unsecured business lines of credit themselves.Follow these simple steps:1) Establish a strong internet presence for your company by listing it on at least 15 sites-- Facebook, LinkedIn, Twitter, Scoop It, Bing, Manta, 411, Google+, Google Places, etc.2) Establish a business checking account at 2 banks (with a 700 credit each will offer a business credit card.3) Make regular deposits into your business checking account for 90 days to establish a favorable bank rating.4) Add higher level trade references to Dun and Bradstreet to provide depth to your Paydex Score (net 30s are usually lower amounts; you'll need higher approvals from your trade references-- 2k to 4k).5) Upload your company financials to Dun and Bradstreet to complete your file and create a strong credit profile.6) After 90 days apply for unsecured lines of credit.

That shows the power of persistence, consistency, value add and ability to execute!

The rental income and expenses would show up on a "schedule E" on your personal tax return.Your CPA should handle this for you.

However, there was money in the buy so looking to trade up for a lot.

Do it under an LLC, trade in your car and depreciate the new one to cover some of the earnings.

Run the numbers, it all looks great but I'm lacking the capital to execute that 1st deal. 

What I'm really interested in is connecting with people who have a track record of success in executing in this market.

What I'm really interested in is connecting with people who have a track record of success in executing in this market.

Purchase price: $25,200,000 Cash invested: $9,975,000 Rise at the Lofts550 E Earll Dr Phoenix, Arizona 85012Formerly Known As Plaza 550Units 92Acquisition Date 28-Jan-2022Purchase Price $25.2MInvested Capital $9.975MLoan 3+1+1 Non-Recourse Debt FundDeal Structure 506(B) SyndicationUnit Mix 92 1BProjected Hold 2-5 Years