I estimate that I will max out at 15 properties when all is said and done.Thank you,Matt

Will beat numbers up later.CapEx: ~12,000 for roof in year 2 (quoted); HVAC ~8,000 (estimate); Water ~$3,000Total $23,000 w/in next 3 yearsNot considering tax benefits of these.

If you want to dig deeper into the details once you have the fundamentals down, find some books to study & start running the numbers on properties using the BP Calculators!

If you are set on doing this, then you should consult a lawyer to draw up a contract detailing all the possible issues (death, sickness, divorce, etc) and everyone's idea on how to handle it. 

Now we looking to go into commercial properties or buy a package of homes leveraging a loan.I like to get details on the loans avail from members here.I can give you example what we currently looking into and our situation.Credit score 680-720Cash in Hand: 60k+Own 2 LLC with multiple producing properties in each.We are looking at this 20 unit building in Detroit.

They are gross rent estimates that include the rent plus the cost of all tenant-paid utilities, except telephones, cable or satellite TV service, and internet service.

Is there an existing thread here (I assume there are many) where this has been talked about in great detail.

If you sell in 2018 then tax will be due with your filing of your 2018 return in April of 2019 unless sooner by virtue of required estimated taxes. 

You hadn't disclosed your intent for the property, but for resale or rental, it would be good to just look at the quality of similar properties, then try to match or slightly go a step up, in order to increase your ROI.Once you've identified what it is you really value currently, it's best to get 3 estimates and see if you're getting the same values for each. 

I do my wires and fundings.. my notaries.. then I talk to the head construction lender to get the gossip on who is doing what ( no detail just hey how are sales and payoffs. )  then my banker etc etc..