I have not yet done a deal on my own but I am looking to purchase my first property within the next couple of months.So my question is, if I am planning to purchase properties, rent them out and collect cash flow for the long term, would it be more beneficial for me to form an LLC and then purchase my first property or purchase the property as an individual then transfer the property to an LLC down the road?

Anything extra is gravy at the end of the year. be conservative.2) Just model the potential increase into you numbers. 2%-5% annually3) Where in the loop?

When they call looking for a reference I make them to a bunch of extra stuff, too. 

We did not use any extra sub flooring but the existing flooring base was adequate. 

I would go to a few and start talking with other like-minded individuals. 

The extra $25k is to cover attorney fees, CPA fees, and other things.  

Finding a creditable tenant is what some of us Landlords focus on.But, sometimes credit don't really tell the whole story about the individual.

I would look for deals that can cashflow on a 15 year mortgage, then pay a little extra if you can.

Of course I could just keep the detached for my own use but if I can get extra rent why not!   

Further, most want to divide the plot into individual units, which seems silly to me and multiplies the closing costs.