As it is, the tax returns are expensive, as we need to file taxes at about $1200 per series of the Series LLC, plus the TX and FL and Management LLC. 

Yes, you will have mortgages on these properties but any true investor is not as concerned about carrying a mortgage as they are about the returns the property will bring.  

Given the potential for high returns, customizable involvement levels, and significant tax benefits, I believe this is a great investment opportunity, particularly in markets experiencing rapid growth.I've been keeping an eye on developments in Georgia, where builders are struggling to meet the surging demand driven by population increases in certain areas.

This increase in dollar volume underscores the robust demand and high value of Miami real estate.List Price Success: Sellers received 97% of their original list prices on average, maintaining a steady rate from last year.Speed of Sales: Homes moved faster, with a median time to contract of just 28 days (a 6.7% reduction) and a median time to sales of 70 days (a 1.4% decrease).Inventory Levels: Active inventory rose by 27.3% to 3,864 homes, and the months’ supply of inventory increased by 33.3% to 4.4 months.

My cash flow is not great because of high insurance rates and HOA fees.

This house currently has no renter though they are actively looking to put one in the home.House 5. rents for $725/m the loan will cost me $13,000 as a down payment and $6,000 closing costs, and should cash flow approx $275/m after mortgage payment are made.House 6. rents for $725/m the loan will cost me $14,000 as a down payment and $6,000 closing costs, and should cash flow approx $250/m after mortgage payment are made.To be able to make this down payment I have the option to:HELOC my current home which cost me about $850/m in repayments OR I can find a hard money lender who would be interested in working with me, I am currently putting together a hard money lender proposal to show a couple family members that would basically look like this: No repayment in the first 12 months, all income going into an account to allow for repairs and emergencies, after that taking the cash flow and splitting it 75/25 to the lender paying it off in approximately 13 years, sooner if we can make extra payments on it and giving the lender an 8% return on his money(about .5% less than what I was quoted for my HELOC).ORI can potentially do a deal with my brother who is also looking to get into real estate and we split the properties 3 a piece.These properties are right outside of a military base in a low income city but have done well for the family currently owning them with consistent long term renters in them.I am looking for any advice as to whether or not this is a deal worth pursuing.

It's a very competative segment as it is highly sought after for the same reasons you are looking at it.

By aligning projects with non-profit initiatives, I've discovered collaborative opportunities that not only generate economic returns but also foster social progress.Philanthropy serves as a powerful engine for economic revitalization, job creation, and sustainable growth.

We did discuss as a board having a more hands on property management company but looking around the fees were quite high and the community liked keeping their HOA dues low.

What doesn't work as well is the beginner who buys for appreciation in a high market.