Calculate what each of these will be on an annual basis and set aside 1/12 each month to cover the expense when it occurs. 

I love myself some craft beer but I don't usually casually drink till the evening unless I have something big planned like golf outing, tailgate etc...so I think it's just more of when the meetings occur not anything else :)

Hi Andrew, I did both MF and SFH, I am not sure what you mean by scaling with multifamily.You can buy 10 SFH, that gives you scale and diversification.With MF, you may get higher yield for same area, but you may find resale opportunities and price growth more limited as you need to find an investor buyer.MF will have higher maintenance cost, as these properties have more kitchen and bathrooms where maintenance occur, also, if there are common areas, you may need to hire someone to take care of them.Financing for MF can be easier: if the price per unit is low, buying several units in one go allows you to borrow an amount large enough to better cover the fixed costs of mortgage.

Remember that any transaction the LLC does will be governed by the laws of the state where that transaction occurs, NOT by the laws of the state where the LLC was formed.If you're looking to the LLC to augment your credit availability, you'll want to get the clock on that started ASAP.

Repetition will soon befin occuring and variables will no longer exist.

There by saving additional late fee's default interest rates  foreclosure costs etc etc that may occur while your in the process of your foreclosure action on the 2nd. 

Garbage disposal doesn't matter to me and can be a source of repair problems - people stick all kinds of things down there intentional and by accident, and that can impact the plumbing.  

This is an odd occurence as far as the Southeastern Pa housing market anyway(I've never heard of it happening here) but please keep us posted on the outcome, especially if your brother decides to go through with letting the seller stay as renter (or squatter with a heep of your brothers money, wow! 

While it is nice that the area is becoming "nicer" more quickly there is some questionable workmanship occurring and a possible glut from oversupply. 

The greatest wealth migration we have seen in over fifty years is now occurring.Let's rewind to December 2008 when the recession was officially announced. Over the next five years, we experienced significant job loss,...