But there's more paperwork and rules to follow.Think about how comfortable you are with risk, what you want to do with the property, how taxes will work, and if you're ready for the extra work an LLC brings.

Not sure if these markets are old news, but I have a friend in Winston-Salem that says its a gold mine, and by all means it looks like it…low crime, good schools, population growth, friendly taxes, and reliable tenants.

This is why the spreadsheets that analyze real estate investments include lines for vacancy, all expenses, taxes, capital expenditures, etc. so that you can be very certain that the asset can pay the loan payment each month and you don't lose sleep.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Even if you use a large amount of cash for the down payment, you can always do a cash out refinance in 12 months to pull out some of the cash "Tax Free".  

Section 1031 tax deferred exchange where the proceeds from the sale of the Property are used by a qualified intermediary to purchase like/kind property.

There are no income checks, DTI, taxes, or W2s involved.

They also offer low documentation and no-income verification loans (based on cash flow and bank accounts, not on tax returns- perfect if you 'write down' your income or if you are self-employed.

Some material or book that helps me understand which arrangement does what for asset protection and taxes would be great. 

Does anyone know if  there are any tax-related problems for using Venmo?