It turns out that even though you are buying a subscription, QB Online only allows one entity per subscription.

Since I'm not buying properties in cash (nor willing to accept a commercial rate for a conventional deal) I am doubtful of deeding property to a Holding LLC after close - it seems risky (and wouldn't that pierce the corporate veil already?).

Whenever I take my spouse to one of these 2000 SF houses, I can see money and potential, but he doesn't want me to buy.

I recently sold a property and made a little bit of money, and I would like to redeploy the proceeds into buying more real estate.

Let someone else take the chance......

Is labor usually $30 a board, plus you buy the supplies for them too?

@Michael Bishay you're mistaken if you think buying S8 rentals will make your portfolio easier to manage and more profitable.You're just trading one set of problems for another.But, you probably won't heed this advice:(So, yes, seeing if/how any Class C tenant has trashed their current home, will give you an idea of if/how they will trash yours is a great screening tool.We've been doing this for almnost 2 decades.The COVID mainstreaming of Zoom has made it so much easier!

But I don’t think you made your thinking visible to OP that buying in personal name to begin with is the basis for your comment.

My partner actually lives in the area that we want to invest in.The long term plan is to just use this as a buy and hold.We were planning on splitting all the repair costs.Great insight though, I think we will have to go back to the drawing board and see what type of property would truly benefit both of us.

You buy the lease and the property at the same time, so you have to live with the lease.