Also you have to realize that at the higher price, appraisals can swing WILDLY.on a 90k house, if it appraises 5% over or under, thats like 5 grand. 

Could you obtain a higher sales price selling in packages?

Especially on your first house.If you're buying commercial assets and/or seeking commercial financing (which is a higher risk, higher cost PITA), then do the LLC.Verify with legal/tax professionals of course @Kevin Dureiko

I would talk to agencies on south shore too, your pruce points in Incline are much higher than south shore or other points around the lake, I dont know that your rssoective rental rate and  booking density would justify it.

Has anyone tried to set up something a bit higher yielding such as a CD ladder?

Bay View/ Brady st / Shorewood are all extremely competitive markets and much higher price points.

The downside is that the rates are generally going to be higher than a standard conventional mortgage (aside from an introductory teaser rate) and the rate is probably variable and will increase as rates continue to move up.2.

.% down of the purchase price and the rehab costsCan be used for primary residence with 1-4 units (could also be looked at as a disadvantage)  When using 2-4 unit property, projected income from other units can be used to qualify 6 months' worth of mortgage payments can be rolled into the renovation budget if the house is deemed uninhabitable by the HUD consultantCredit scores can go down to 600s (lender dependent) DTI can go to as high as automated underwriting system allows (typically 56.9%)Allows you to buy a property in any conditionCan use it to fix minor repairs all the way up to basically a full tear-downFHA 203k Disadvantages: Interest rates tend to be about .25-.5 higher than regular FHA loan Additional costs include HUD consultant fee, inspections, title updates, and supplemental origination fee (Cost of doing business, but this is built this into your numbers, so it's no big deal)Must use a licensed General Contractor for a full 203k or up to 3 specialized contractors on the limited 203k Must hold onto the property for 1 year and live in it. 

Taxes are cheaper, schools are better and rents are higher providing a higher margin.Best of luckStephanie

With the same cap rate, and a higher NOI, the value of the building has been increased.My question is....