Realize there is no appreciation in Fayetteville, so buying tight deals on old houses is going to cut straight into cash flow. 

The administrative side of the business is very straight forward.

If you don’t mind hanging onto it as a rental it might be a better plan to do lease option bs straight rental.

Find a value add and over time it becomes pretty straight forward

My cpa charges abojt 150 an hour and I can’t imagine the cost it would take to keep that all straight lol.Asset protection, making your lawyers and accountants rich one LLC at a time. 

Through the promotion of our renovation and the finished product, we now have 3-4 clients that came straight from paid ads on Instagram and Facebook.I'm wondering if a portion or all of the 35k renovation can be used as a tax write off because it was used for a business purpose (promotion).

I am also not in the Robert Kiosaki camp predicting global meltdown for the last 7 years straight! 

If you are doing buy and hold rentals, then perhaps a straight cash-out refi of your home would be better since you will have the investment money in productive use for a long time.

Maybe it's whispered as an acronym a t REIT board meetings, but in the outside world, I've NEVER heard it just used as a straight acronym. because it always has to be unpacked.

I would be 100% straight forward with the seller and openly state your concerns.