Thanks Kevin - Full series here:DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?

If you watch any of the Flipper shows on TV you can see right away that the majority of those Pros look for destroyed houses and they don't think twice about gutting everything, including some of the sheet rock.

Different people will tell you different things about trusts etc but if your buying performing notes most recommend starting with just an LLC (and depending upon state some allow series LLC)With that being said - your question really should be discussed with an attorney/ planner as this is equivalent to asking what kind of car should someone buy?

You might also want to read our series about how to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processes

What are the tax implications of the following Scenario: A series LLC owns and controls several series (Each series own real property). a.

For houses, we still provide range and refer, but no laundry equipment...only the hookups.Furnishings also do add cost to your turnovers, as there will be wear or stains that are "normal wear and tear" and you will need to reupholster; or a tv will fail; lots of issues that you might not have in your own home, but that prospective Tenants will notice if you do not address.

@Nicholas FoyYou might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorseOur analysis is a template you can follow for any city, but doubt you'll find this much info for any other market in the US.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

I was pretty disgusted as well and it kind of killed the enjoyment of the whole podcast series a bit for me. 

Wise posted a series of photos of the interior of a client's property...after the client purchased it.