A lot of people commented about the benefits of CF over equity and while one member mentioned both- yes, I try to buy at a good price when possible, usually in areas I expect will appreciate, BUT those things are harder to predict and depend on the market more than CF IMO.A 15 year loan might make more sense if you buy 1 house- but if you are trying to build a portfolio, it absolutely does not.

They will gladly pay more for a better location even if rent is higher because sales increases to offset it.Without being involved in your deal or knowing the specifics it would be hard for me to comment further.

Check this out, and be sure to read the comments too-http://www.biggerpockets.com/renewsblog/2013/08/17/rental-properties-llc/It's your decision of course, but it's a bit of a myth that you have to have an LLC.

Please jump in and share any thoughts, concerns, comments how do you want to approach this deal?

but I would really appreciate if anyone can comment on them.

Maybe somebody can chime in and comment if there are circumstance where the trustee can be ignored in this case?

Please provide your comments on the cost analysis above and how to find positive cash flow property.

@J Scott @Bill Gulleymay want to comment.

Includes paint.The general contractors help did this part...but based on some of the comments, maybe I should look for a painting contractor the next time.

I tried to ask this in the podcast comments, but it didn't post.