You have a goal set of $1000 free cash flow per building, this will be a hard number to hit in a single family or duplex but should come easier in a tri-plex or 4 plex.   

If you create a single member LLC, you won't need a CPA as it is a disregarded tax entity and you will report it on your regular 1040.However, since Olmstead vs FTC, single member LLC are not very good for asset protection anymore in Florida (charging order is not the sole remedy).

I want to get into the market soon and begin with single family homes.

I am thinking that buy and hold single family homes or small multi-family units is the focus I want to be in. 

So don't pull all money into a single investment, put into several.If you need further clarification, feel free to PM me.Best of luck!

It is work for single family and small multifamily, too but the volume is so different that "driving for dollars" and various online searches as discussed many times in BP and elsewhere work really well for mailings or phone calls. 

I listened to a few then rolled back to #1 and listened to every single one (though I'm a few weeks behind now). 

I have a meeting with a seller this Saturday that I found driving 4 dollars (D4$). The issue I am having is that the property itself is 1448sf but the land it sits in is 21,200sf. Per the seller it has been zoned comm...

I lived in my place for 1.5 years and during that time was able to come up with another down payment for a 5% conventional (single family home with an apt attched to garage). 

Redwine @redwinerealty.com found a way to make those points in every single lecture and has shared stories in her 40 years of experience about the depths people will go to that have blown my mind!