Very common method with personal houses, single family, duplexes, multi units, etc and can remove a huge "Potential" tax burden.I m sure some the BP members have a generic Contract you can Customize for this deal, eliminating a lawyer fee.

We back up everything we do with a 100% money back guarantee because we know that happy customers are repeat customers.

I'm interested in investing in perhaps a multi-family dwelling in an effort to leave the renters world and also generate some income. 

My goal is to start investing in real estate and generate cash flow so I have financial peace of mind!

Always leverage your strengths and talents in order to generate additional streams of income that will help you with your end game (which I assume is passive income through real estate investing).

Details:*Willing to spend ~$180k; Prepared to put 20% down on a Grand Rapids rental property*Not seeking a fixer*Will need to hire a property management company Goals: The obvious: passive incomeDuplex, triplex or single family w guest unitPurchase a home with tenants already occupying and generating rental income Top-of-mind concerns:*Winters in MI wear and tear on roof, pipes*Cost of property management, costs to heatTenant selection, How-to from Los Angeles to MI*Offer / escrow process How-to from Los Angeles to MI

I have tried to ask customer service and I keep getting copy and paste answers vs someone just explaining the steps on how my LLC will show that it is conducting business.I am aware that hard money is expensive, but it should still be able to do its job, which is to help my company and I make profits.Any and all help would be greatly appreciated as I paid quite a bit of money and I hope that it doesn't end up that I fell for a scam.Thank you, Erin 

Owners tend to hold onto them a long time or pass the building down through the generations. 

Property was listed for $129,900 and generated an NOI (NET) of $8540.00 a year, then the cap rate would be 8540.00/129,900.

So I can get real cash flow generated, even if it's a few percent ROI.