Purchasing a MFR is a new ball game and any co-signer is required to live in the property as well - even family.With you not being married or living together how are you going to prove that you have a family like relationship? 

(Getting married will do that I hear). 

If you want to rent to generation X's who are more established in their careers, married, with children, then these areas would fit the bill. 

My full-time job has taken me back to my hometown just outside of Kalamazoo, and I've already built a small but very talented real estate investment team there.A little about me: I've been happily married for over 10 years now to my beautiful wife, and we have three children (6, 3, and 9 months).

He had purchased the house in his bachelor days and once he got married, moved into his wife's house.

Also I wouldn't by a home until your married because if something should happen and it doesn't work out then your both stuck on the note.

I was recently married in October and me and my wife both want a future in real estate investing.

The tax advantage of an LLC (as I see it) is if you were to have multiple non-married people as members of an individual LLC, the LLC returns (K1's on your tax returns) would allow all of the depreciation, profit, loss, etc to be spread depending on the membership of the LLC.Lastly, so long as you keep detailed records, I would think your tax professional should be able to set up your taxes to show the 'loss' from the improvements to the property.

It is good to have a stable income if you are single and if you are married both spouses got to be on the same page before you dive into real estate full time.

I only owe 10 more :/ dropped the ball there. so the deal I have with my contractor is that I handle all the business aspects, he does the work.. it is my sisters fiance and they are getting married in 3 weeks and started building their home last week.