Becca-Thanks for explaining this.  

Thanks for everything you added here, this is super super helpful!

Typically we do not see any direct tax advantages of putting a rental into an LLC.

This one will require moving several walls to reconfigure the space.

House 1: 2000 square feet, 4 bed 2 bath.House 2: 2000 square feet 2 bed 2 bath mother inlaw suite.House 3: 2000 square feet 3 bed 2 bath mobile home on a 1.6-acre lot.Location is Royse City TX 75189I am not able to set a correct monthly rent for this property, need advice from experts.

This widely depends on a few factors:1.

Some bipartisan congressional legislation, like the HOUSES Act, supports this effort by making portions of federal land available for residential development.While this approach has promise, experts warn that opening federal lands is only part of the solution.

I'm looking to get into wholesaling as my entry into the market and what better way to start building a real estate portfolio?

It helps but looking to see what others are doing.  

This is because rents follow prices.