If you are sole member LLC you just take a distribution from your business account to your personal account.You are likely already reporting the income on a schedule E.

The revenue and expense categories line up with your Schedule E which makes it a breeze to prepare for filing your taxes and I like the reporting features, too.

We live in the bay area because this is where our jobs are and we have family in the area, but we prefer to invest in landlord friendly states.

1.Finding Value: Identifying properties with strong upside potential is critical in markets like Antioch.2.Rehab Management: Staying under budget and on schedule ensures better cash flow and quicker refinancing.3.Leverage Matters: The HELOC strategy allows me to scale quickly and acquire more properties without tying up personal capital.

So they work a full time job and go to school full time. 

Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.

 - flipping is a job, stop flipping and stop making money.  

They use the same amortization schedule unless you are paying interest only.

Hi Benjamin, I’m in japan and doing real estate investing here for about 8 years in different styles besides my full time job.

No one checks the maintenance crew to see if the did a good job (as far as I can tell, their in house folks miss stuff).