This new construct there is a listing and it is pending to build until they find the right buyer so everything is pretty much lined up for me i just have to go in and buy. and crazy to say but some of the time atleast right now new construct is cheaper than existing buys. i am thinking to just rip the bandaid off with this first deal and go from there. 100k a month is definitely my goal and i will figure out a way to get there which definitely wont be from new construction everytime. i can save money fast considering the frugal life i live and amount i work. i am currently spending a lot of time trying to find beaten up buildings whether that’s me driving around or on mls, but alaska high cost of labor makes it hard to pencil out any BRRRRs but it definitely is the best way of this game so i will continue trying to find something 

Run the numbers find something that works and get started.

A traditional sole ownership property will cost you approximately 5% of the total value of the property to sell based on fees we are all used to paying (and you are paying all of that out of your equity, regardless of how much debt is on the property, and without a return of capital clause).Again, simplify your analysis to a strict understanding of the property level analysis inside the portfolio - something you've likely been doing on your investments to date.

Now if we are talking about basic responses or something I write that is a canned response to an inquiry, "Thanks for reaching out!

Or perhaps, am I missing something?

Basically, I don't want to just get the bare minimum I need for lender, but.I actually want to get something worthwhile if things go wrong

However, I am unsure as to what the best type of entity would be to set that up (from a personal liability and tax liability stand point).I've been investing in real estate locally in the U.S. for over 10 years, but this is something new for me. 

The main reason I would advocate for the LLC and business bank account is because then you can separate your personal finances from your business finances and also shield yourself from any liability should something happen in or on the property and you get sued.

That's something investors look past sometimes.

@Don Konipol  Of course one of the pre requisites  for many of these guys is to claim they were broke and living in their parents garage and now look at me with this system I created  ::)  I saw it in the foreclosure rescue direct mails a lot too.. went something like this..