Under my scenario described, I would be actively involved in advertising and selecting tenants, collecting rent, paying all expenses, and keeping what's left over.

I am interested in knowing which selections you used when applying for the EIN as none of the selections seems quite right

It's a lower income area and I'm finding the selection isn't as as good as with my other property which is better located in a college town.

I would be getting a half dozen quotes see if you cant do a lot better.I recall when I was doing my HVAV contractor selection, prices for the exact same equipment, same project, from six different companies, ranged from 5,800 -12,000.

Last night (day 12) we made a selection on tenants and will be signing the lease tonight.

Why not just stay with the norm and keep the flexibility to select who you want through your process?

My wife does staging and listing for a few select rehabbers in our area (mostly investors we're friends with), and we're very picky about who we'll work with, as anything we put our name on (even as a listing agent) reflects on us and our brand.

The only things I have selected are my city and state.http://cl.ly/N32f (screenshot)

This looks to "opportunity costs", the cost or economic loss of selecting another investment or use of funds.When rates are lower than the rate of return you may get in other investments, you should be borrowing all you can get.

You can select to browse by residential, commercial, multi-family, etc.