That's why it's always recommended that you operate like a business instead of someone that leads with their heart.She can't afford the rental.

A single-family home that's zoned for business use has additional value because it's flexibility to operate as a business, a residence, and possibly even a short-term rental.

I do understand that if I am buying and managing the property myself, all my direct expenses to manage the business are tax deductible, but since I'm thinking of investing on a turnkey basis and planning to hire a property manager for day to day operations, following would be tax deductible as a passive investor.Mortgage InterestProperty TaxProperty Management FeeDepreciationInsurancePossibility of 1031 exchange (Future)When investing via a real estate syndication as a limited partner:20% of the pass through income from the LLC is tax-deductibleThe Syndication LLC obviously would be taking the tax benefits of depreciation, property tax, mortgage interest deductions etc., but as a passive investor, is it more beneficial to invest directly in real estate than investing via a syndication? 

Mike,I have about 140 units I own/operate across multiple markets, including the seacoast area, throughout NH.

My attorney had me create a single member LLC and then create an operating agreement where we both are members.

Looking at Mark Kohler and he suggests using this structure for operations vs passive income.

Well I would reach out the team and Members of COREE, I bet they have some great property managers to recommend https://www.centralohioreia.co...

Mostly comes down to being sure of the numbers when you purchase, making sure that the rents cover the operational costs and then some.

Hi BP membersI am looking into a buy and hold strategy for cash-flow and Indianapolis are looks reasonable .I am looking at C+ abd B area SFH.As I look to build my Core 4 I wanted to hear experience out of state investor have had here and share any info .Realtor - What is the typical support you can expect ( i know it depends on each realtor) : Do they help find you the deal or you just pound the MLS and let them know which proprty you like and they check it out for you.Property management co: I am looking in the suburbs of south indy .

Guaranteed leaseback, no vacancy, appreciating market, low operating expenses due to continuing the same occupant.Is $3500/mo guaranteed for 18mos worth the high $780k pricetag?