You're probably in a better position, being a GC - but still, the success of a deal is usually determined before any work ever starts, so you just have to find the right deal.

There were, when I subscribed (I'm not now since I am on the buyer's sidelines bench), no other services that were remotely close to the quality and timeliness of his data. 

It's nice, so you should be able to attract quality tenants and get maximum rents.

If this initiative gets on the ballot and is voted in, then it's chosen by the people as a method of ensuring they have better quality homes to rent. 

Reflecting, we’re very thankful for the learning experience (and work to never be in that position again).My wife and I purchased our first home back in 2004 just before the bubble in Avalon Park, FL (suburb of Orlando).

I've not yet done the math to determine which strategy would save me more money, but the big cons of this areNo primary residence, therefore slightly higher interest rates, 20 - 25% down (but depending on the market, this may very well be equivalent to 3.5 - 5% down in LA).Depends on the quality of tenant screening, but it's probably safer to assume that they won't take as great care of the property as I would.Probably need a property manager, professional or tenant.Either strategy seems to net me the same cost around $1,500 monthly, but I'm biased towards Los Angeles as I can rent to friends which solves a lot of the tenant/landlord issues.I'm not looking for anyone to give me all the answers but would appreciate any insight, food for thought, and constructive criticism. 

Now, if you want strictly passive returns, this is probably the best vehicle provided you buy quality certs that you are reasonably certain will be redeemed or sell at the tax deed auction. 

If any member of an LLC is another company or corporation (there's a difference), then S-corp is not an option.Now, allow me to reframe your position and tell me if this is correct: one entity to hold property and another entity to run business operations.If that sounds like what you were thinking, that is a common strategy. 

Portfolio lenders typically follow the same (75%-80%) rule and consider the additional income from your properties and perhaps relax on the debt to income ratio and as long as the deal makes sense and generates positive cash flow.  

And I agree and one of my biggest concerns is being in a bad position with the HOA by going against their wishes.