It all depend on what will make you sleep better at night.If you are expending your business and expecting to grow your asset over the next few years, it may be worth starting having the structure in place for it.Using LLC to hold your properties should be tax neutral.

If its worth 125K, and I could buy it for around 110K from him, maybe 115K, he can go find what he wants, no risk of waiting time to sell, and maybe we could work out some kind of seller financing where I put about 10K in his hand and go from there. 

Connecting the dots, he saw that many of the signs needed electricity and figured he’d be worth more if he was an electrician.

But you learn to cut those ties real quick because as I said, nobody likes to waste time.Just my 2 cents for what it's worth. 

Good luck finding anyone that will allow you to do it but it’s worth a shot I suppose.

I have about 50k worth of capital and the bank is offering a rate buy down from 4.5% to 3.875% for 3.25 points.

I definitely think that homes are being priced a little higher than they’re worth, but not prohibitively high.For the price your looking at, I’d say jump on anything near Philadelphia street (close to I75).

Property is worth approx 200k and we’re seeking approx 100k.

Your only risk would be rising rates, which may not make it worth refinancing after 2 years.

Congrats on buying your first rental property, I'm sure the experience was well worth it.