First of all, if you see a face, you will remember that face much easier than just a name and secondly if you like it or not, we're all prejudice in certain ways ,ever see those pictures of female lawyers, that look like they're in the wrong proffesion?

It is also easier to gift percentages of LLC interest to children without going over the annual gift tax exclusion, but that is for estate purposes.

Typically, in the higher rent values, you will experience some minor lower costs and a tad of economies of scale, thus, you should be targeting as close to 1.5% as possible and if all goes well, you could even be ok at 1.3% at such a rent level (so long as you manage correctly).While I agree that cash flow may be very difficult in your area as it is mine, there are the exceptions, so either find them, or go outside your area.Here in So CAL, a typical 3+2 1500 sq. ft. home will sell for $300k+ and the rent for that would be around $2000, so you could not even get 1% rule here!

Even if tenants screw them up - you just pick up some more & replace them - very easy maintenance....PS - Are they glued down or tacked down - I figured the tacks are probably easier??

At this time for SHR I am doing deals below the Jumbo mark as they are much easier to get done on the re-sale.

If you don't want to set it up yourself though, I'm sure it would be a lot easier to find and hire someone to set a WordPress blog up for you.

Should things not work out it allows you to go after either one, or both for the entire amount.Other option would be to offer them a new 12 month lease, especially if its easier to find tenants in summer vs. winter.

i need to put together a packet for a local mortgage company and am curious to know what sort of offer to put in on the house assuming 10k of rehab costs and a conservative fmv of 360k after 10k of rehab.using 70% tells me that my target price should be 252k.

What is your main target in real estate and are you building short term wealth or long term wealth?

Who is your target market?