IF, big if, the market is good for house flipping that would be my choice and I would get into it full time.

Low valued SFHs can cash flow, higher value homes can not.Purpose built properties, such as multi plex units are built and designed explicitly for the use as rentals and are priced accordingly (or should be).A personal home is not a investment, it is a life style choice that will ultimately cost more to the owner than it will ever be worth (except in certain areas like CA where no one understands the value of money). 

I'll be the first to tell you Bed-Stuy  and Bushwick are becoming more and more popular in Brooklyn.

Title co (buyer's choice) takes their sweet time to answer questions, but sent us the castrated version of "ALTA Settlement Statement - Seller" (http://www.alta.org/trid/download.cfm?

Excellent job, BTW ... because you did so well on it, you now almost have too many choices, which is a very high quality problem to have :)

For long term B&H, this is the right choice. 

Two of the more popular ones are Atlanta REIA and Georgia REIA.

If you have the funds to buy that house and put down $200k+ you have a lot of options that I would consider to be safer investments.Something along the lines of the worst house on the best street in the best neighborhood you can afford would be a smarter choice, but it comes with a lot of work that you don't have here. 

Two of the more popular ones are Atlanta REIA and Georgia REIA.

., on picking your best governance element choices available under NRS 86 for the entity formation documents - and - what kinds of advice have they seen such an entity needing as it operates throughout its lifetime / and what has their success rate been with REI clients and their entities during the operating phase of the biz.Good hunting for these start-up and operating Power Team members!