If tenant fails to do it, deduction from security deposit is legitimate (but needs to be noted in agreement to avoid any conflict). 4.

In short, we are trying to avoid racking up a disproportional amount of expenses in our operations entity and leaving all of the taxable income in our long term entity with no expenses to put against.

I avoid Flat or asphalt shingle roofs, houses with no garages, yards with lawn, split levels (a landing at the main entrance and then you have to go up or down stairs.), houses with less than 3 bedrooms and 2 baths so people stay longer, and multi-Family.

Talk to insurance agent about umbrella coverage and mitigate most of risk that Properly prepared LLC is meant to avoid.

One that will help you to avoid the pitfalls on the road to building your portfolio.

I am thinking that in order to make this work, I'll have to temporarily borrow money for my down payment from a family member but for obvious reasons I'm trying to avoid that if possible. 

There are also tenant laws that must be followed to avoid being fined or sued.Property management can make or break your investment depending on how it is managed.

The idea is NOT to avoid estate tax, but to preserve the property until the minor grandchild reach age to rent/ maintain the properties or sell them.Any other ideas are greatly appreciate it. 

Look at the docket and see if there was a Motion to Avoid Lien filed and granted.

Talk to your accountant about this to avoid an audit surprise.This is the part of BRRRR that nobody talks about; in most cases you are leveraging over your purchase price and it often results in negative cash flow.