I would first look at the neighborhood and see what your competition and do everything you can to be slightly better than them.

I'm curious to know how an LLC gives me any tax advantages.

Fortunately we are just beginning our real estate foray and are analyzing several ways to take advantage of its inevitable return to appreciation.Your right Melbourne is a great area and thanks for your reply.

Giving the tenant-buyer such a large credit would not be to your advantage anyway.

Minimum investment is $50k Due to the soft market we are able to take advantage of another developers failed attempt to turn a profit and we can together enjoy the benefits.

Well, of course they took advantage of that, and rent got later, and we got no phone calls to speak of.

Other types of deals and advantages I might offer them?

I am seeing more competition in my markets.

The ONLY thing we can do is to take care of "our shop" and weather the storm or even take advantage of it.

In this environment where we're looking for scapegoats, an evil investor who took advantage of an naive homeowner is a prime candidate to lose a lawsuit.Mike