The BP calculator does not know unique location dynamics, supply and demand, redevelopment, gentrification, demographic patterns, job and population growth or lack of, schools, crime...you get the picture.

Ryan Murdock has a interesting idea.An old church AirBnB would be pretty unique.

Create a marketing plan, deploy your capital to generate some motivated seller leads, wholesale a few deals and SAVE the money you make to create a war chest to go after bigger and better things. 

Employees should do work, not create it!

He is focused now on creating more cashflow. 

I would be more than willing to create a promissory note and mortgage with the private lender.

A living trust is funded with assets while you are alive and avoids probate while a testamentary trust is created when you die (created by your will) and does not avoid probate.

They have to get all new documents. new purchase agreements, new earnest money , verification of source of new funds, run new OFAC checks, create new arms length affidavit.

don't worry about finding a renter, they should be able to create a rental report. 

Hi all,I will hopefully be purchasing my first rental property next week in Pontiac, MI and I’m looking for suggestions on how, or if, I should create a company.