We aim to partner with existing community based entities to staff our company with employment candidates from within disadvantaged areas and backgrounds and source our materials from companies within these zones as well.

I'm an electrical contractor from Atlanta, GA  that has worked with real estate investors and now want to utilize my construction background to enter into RE investing.  

I am having some trouble figuring out what to do with this rental house I am purchasing.Some quick background information before I get too deep into it.

A little background first.  

Number 2  has all clean background checks? 

From there I want to expand the number of houses and duplex’s that I own until they all support and pay each other off.I have no background in real estate but I have been planning to rent out homes since I was 12 (26 now) and I feel that I am in the position to begin.

Now, we realize that you may/may not be attorneys but maybe if you guys could shed some light on what works for you, that would be fantastic.Oh, and just to give you some background this will be a first-time flip and we already have an LLC in Georgia for a buy/hold property.Thanks in advance for any and all advice!

General Facts About The New EliteFor every 100 new elite members in the United States: The average age is 47 years old90 to 95 made the money themselves; only 5 to 10 inherited it90 are college graduates; 10 are notFor those who are college graduates, 3 out of 4 did not attend an Ivy League school8 are Asian (defined including those from Indian subcontinent); nearly 3x the rate found in the population96 do not own a yacht; 4 do50 haven’t furnished their homes in any way that would reflect their economic statusFamily Background: For every 100 new elite in the United States: 8 grew up in poverty28 grew up in lower middle class36 grew up in middle class25 grew up in upper middle class8 grew up in a wealthy or affluent classNotice how only 8% of the "The New Elite" millionaires in this group grew up in a wealthy or affluent class family.

I performed a credit/background check and had a misdemeanor charge of retail theft that he claims that he was not charged for and that it was a misunderstanding. 

A little about myself, my background is in investment analysis.