Is an LLC corporation the best way to register as far as taxes go too?

This is so exciting.

I know you are able to deduct certain cost, like repairs, property management etc, but as far as a standard deduction I have not seen that.   

that is curious my only thought is the UPB is actually higher given default rates etc.. or the theory for folks is simply loan to own.equity is so high you take on the risk of low return for the chance to own the asset through DIL  as we know if there is a lot of equity more than likely someone will bid it at courthouse steps and you wont acquire it anyway.we have bought notes for the sole purpose to own the asset mostly properties that could be developed that most note investor simply looking at the notes and zillow etc would not know the HBU of the asset..

As far as financing the rehab, you have a couple of avenues.

Cash for keys approach sounds great too me but I'm not sure how someone would be motivated to move out of a unit that is so below market rent for a sum that might finish in a year and they'll be stuck paying market rent then on.

@Jobee Vincent Buenaventura as far as I’m concerned, there is nothing stopping anybody in this world from putting in offers on anything.

Three is so much information about this product in this form. 

I feel like there is so much knowledge out there and I feel like I'm being tossed around with the ideas in my head of what to do to get started. 

Incorporating at this point doesn't matter if can be done later on and shouldn't affect anything as far as lending goes.