I have been looking and doing some research on different areas to invest into and so far I have gathered information on which zip codes to avoid, the crime data for Detroit & neighboring cities/towns, rental values, demographics &  economic outlook. however, I haven't been able to narrow down on any particular neighborhood yet.

What would be the best way to do this for tax purposes, liability, and breaks? 

Tax BenefitsWhen buying in low cost areas, it can be difficult to achieve FIRE without high volume of units.

Let’s say we’re shooting for $50k tax saving per year. 

And keep in mind this is in addition to your normal tax liability.

Each year being worse than the one before with higher insurance, property taxes and wages?

We are looking for someone to help us file taxes (both for LLC and personal) for this year and try to mitigate any tax loses, but also who we can build long term relationship as we grow our portfolio.

The rest of my tax/income situation is very basic.

And there's the unpaid taxes for operating illegally... i'd give this property a thumbs down.

Because otherwise its becomes very difficult to manage these things.Do you know if there are any tax implications from moving the property in and out of an LLC for a cash out refinance.