![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/250187/small_1694568968-avatar-jesusr.jpg?twic=v1/output=image&v=2)
6 March 2019 | 5 replies
Here is the scenario...S-corp LLC was established in Feb 2018 for residential real estate investing/flip.It started with cash deposits from both managing members to purchase a single family home in Feb 2018 for $80k.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1041424/small_1640630228-avatar-danek4.jpg?twic=v1/output=image&v=2)
10 March 2019 | 27 replies
Most 2/1's I've seen in Utah valley rent for more like the $800-$1000 range.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/798063/small_1694602984-avatar-vincentp32.jpg?twic=v1/output=image&v=2)
6 March 2019 | 4 replies
I want to move her out, rehab, move in a higher paying tenant and brrrr the S@&T out of this place.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1250998/small_1621510675-avatar-jamies90.jpg?twic=v1/output=image&v=2)
7 March 2019 | 1 reply
It's been a few years since I wholesaled a property but in my experience I used a standard P & S agreement and just had an assignment addendum attached.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1186292/small_1621510001-avatar-josel111.jpg?twic=v1/output=image&v=2)
8 March 2019 | 6 replies
Don't put anymore into the property than what the market supports and keep in mind you have realtor fees and closing costs when you sell.2. 2/1's are small.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/983377/small_1621506807-avatar-elizabeths74.jpg?twic=v1/output=image&v=2)
16 August 2019 | 41 replies
In my 20's I thought I would do it forever.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1310227/small_1621511214-avatar-westlake10.jpg?twic=v1/output=image&v=2)
16 March 2019 | 53 replies
I can speak from experience, not as a medical professional, but as someone who has worked in commercial real estate and is very close friends with multiple medical professionals (surgeons, doctors, etc.).Focus on yourself and your practice firstIt sounds like you are enticed by the "idea" of passive income, but have no land-lording experience to understand that this isn't truly a passive business.Doctors (painting with a broad brush here) aren't known to be good business people or good with their financesMy theory on this is because they are in school until their 30's living on student loans.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1215915/small_1621510303-avatar-danielr342.jpg?twic=v1/output=image&v=2)
23 August 2021 | 23 replies
What helps is if they are working directly with CPA(s).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/373585/small_1621447435-avatar-williams35.jpg?twic=v1/output=image&v=2)
19 March 2019 | 2 replies
@William S. they also happen to be one of the most budget friendly options at 7% of collected rents.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/979964/small_1694723788-avatar-chadf42.jpg?twic=v1/output=image&v=2)
7 March 2019 | 5 replies
She's the one who pays all the bills for the family but when they went to refinance... her credit was low 600's and hubby was high 700's.