My cashflow is minimal, but my goals are different than most. 

Hello BP community,I am looking for my first rental property and my agent keeps talking about Condos/Townhomes that are looking like deals based on purchase price and minimal rehabs they may require.

We have taken over several and have put out notifications to all our customers that we are moving to cashless and have received minimal pushback.

If you want to be MORE liquid with your properties I say get out and focus on multifamily-if you're just looking for cash flow long term and they are treating you well with minimal headaches I'd hold them.

Happy to be corrected but my understanding is that it only effect your score minimally and that all credit pulls within 30 days count as one pull.

You still may get push back but what a lender is looking for is if you can qualify for the 10 properties dark. 

Minimally I encourage people who DIY their entities to have an attorney review the paperwork and advice them on proper operation requirements.As far as living in the unit - you would just need to be sure to operate the property in the capacity outlined in the agreement.

This can all be a little complex, definitely consult with your tax preparer prior to making any of these changes to get their input but you are thinking in the correct direction to minimize taxes, as long as it's structured properly and well documented. 

If fire separation is needed, you decision will be made for you in the form of a rated assemblies That said, assuming minimal flip and no fire separation...

Not to mention their systems are from the dark ages, even though it is almost 2020!