It is hands down more user friendly than the subject and their customer support chat has been great.

The best we can do is give you the tools to help analyze deals faster, from there real estate is so subjective and often "one mans trash is another mans treasure" so it's really about getting your brain used to looking at these numbers.

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

Seller finance / subject to / assumable loans.

Though members still need to keep in mind that moderators are allowed to have their own opinion on subjects that may or may not be the opinion of BP, though most of us will clarify if we are speaking on our own or with our moderator hat on.

you can also run into an appraisal issue as the appraiser will request loan program and may keep the inspection "Subject to" until a permit or approval is given from County.

any income over that which is a combination of W2 and rental income is subject to taxes starting at zero. 

What will set you apart is the experience you gain through the advice others have given on the subject and the amount of time you've dedicated outside of school to learning your craft is your alpha.Wishing you the best!

Excellent location in Mesa.I shopped around and I found a mortgage broker who was able to get me a 6.99% rate who took the loan to UWM (united wholesale mortgage).I negotiated a $15k seller concession I used for a 1-0 buy down so my rate for 1 year will be 5.99% and then revert to 6.99% for 30yrs. and then we used the rest of the concessions for closing costs. in 6 months or 12 months I will revisit to see if mortgage interest rates dropped significantly to justify a refinance to lock in a lower interest rate.part of the approval process for the Fannie Mae 5% mortgage is to make sure that i could afford this property and that i have good credit, my income is consistent and stable and it reflects that on my tax returns, I have sufficient capital reserves for the subject property and my other 10 Multifamily properties (6 months of PITI for the subject and then it's percentage based off of the loan amounts and how many properties you have)I agree, the more that government "helps" they therefore are increasing pricing.

What you want to avoid is expensive upgrades that don't add value to the home, like 18K for fencing.The good news is the appraisal will be done based on the building plans and the value will be subject to the completion of the home.