It doesnt make sense to pay all this money towards a CPA, establishing an LLC and the like when the property is a base hit smaller cash flow property.

That is what helped me to build my network and knowledge base super quick.

So I could use this new property as a better home base. 

For anyone looking to do section 8, know that you should buy based on market rent, not FMR.

@Edwin Saldivar  We have a no seasoning product for non-owner occupied property that would allow you to pull cash out based on the new value.

Lol developers normally can tie up dirt based on reputation in the area.. and like I said substantial non refundable EM in the 6 figure range..

I've communicated with them if one member leaves, then the rent will fall on the shoulders of the other 2. 

We worked to cultivate cash flowing houses as the base of our investment pyramid, followed by fewer, nicer houses in an appreciation area (fancier houses in a beach side location), which we use for STRs.  

We take this to mean (based on 100s of real tax court cases) any activities integral to the business of running a rental.

The labor market is still challenging (and not showing signs of improving based on the escalating average age of most contractors).