Buying existing rentals and improving it is another story. typically I'd agree but we build a stacked triplex that does very well with build cost around 380k and rent at 5k a month. value is about 600k I think you need to build multiple dwelling units in the same building for the numbers to work

I am a landlord in LA with a property perfectly well located for AL. 

You could buy a $225K home for example 3.5% down is $7,875.00 but there is closing costs which I mentioned seller credit or use the rest of your $6K.You could also use a DPA down payment assistance which covers 100% of the mortgage and in some cases depending on the DPA closing costs as well.   

I've finally hit the required 3,500 points required for the NYS Broker License and I was planning on filing as a corporate broker.

The rules and procedures of your operating agreement and your ability to follow the agreement is far more important than the actual state specific filing docs.

For those curious, if this applies to them, just follow these general principals: To qualify for the Section 121 exclusion you must: Must live in the home in the past 2 of the 5 years 24 months non consecutive required Must have owned the home for at least 2 years Only one spouse needs to meet the ownership testBoth spouses need to meet the use test Neither spouse has excluded a gain / used section 121 in the past two years Must file jointly for the 500k exclusion

As well as how old is the electrical system is.

Between me and Kevin S  I haven’t heard back from him if his side of the thread wa deleted as well  

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

The mortgage is in my name as well as the title, but I do have an LLC open.