Today I had a chat with the attorney who is setting up our LLC and putting the house into the LLC, etc, about the pros and cons of selling the house to the LLC as a way of capturing that gain and also helping maximize my depreciation calcuation. 

They will run up the bill when they aren't paying for it. 

The most popular way to speed up your real estate growth is to buy fixer-uppers, rehab them with mostly sweat equity, rent them out for significantly more than 1% of your total purchase price per month, and then refinance the property to extract as much money as possible for your next down payment.It’s doable, but you need to find the worst property on the nicest block, as this will play a significant role in your refinance discussions later.Let me know if you would like to chat more and learn about the Toledo market, which is well-suited for what you are looking to do.Best regards,Phillip DakhnovetsGuardian Property Management419-740-0370

So I want to shake loose the ground that has been tied up, so it can be developed.Let me know if you have run into strategies to shake up ground to development it.  

These are off the top of the head, so if I come up with more I'll respond again.

I have already watched so many videos and read so many websites but it just keep opening up more possibilities.

Typically, getting into the 5-unit range can get overwhelming for people and take up too much of their time.I use QuickBooks Online for all of my clients.

They all lead to a significant negative monthly return due to one or more of the following reasons:1) Asking Price is too high2) Traditional loan rates (FHA and Fannie Mae) are too high and affect total debt payment3) Existing rents are too low, so loan underwriters won't approve.4) Market Rents aren't high enough5) I would like to use the minimum down payment with FHA (3.5%) or Fannie Mae (5%).So, from all of these attempts, my understanding is the only way to make a house hack work in this region where I would at least breakeven on a monthly basis, is to purchase at a significantly lower price, lock in a nice creative deal or bring up my down payment to at least 20%.

This approach is faster, cheaper (no double transactions) and no one has to come up with cash.

Basically.....You invest the $50k-$60k up front for a single-family build or $100k for a duplex build.BTR company creates an entity together to own the asset.BTR company secures lending and builds out the asset over the next 6 months.Once it’s complete, BTR company refinance out and you get your $50k back + 16% at that point (or $100k + 16%)You retain 30% equity in the asset going forward (and therefore 30% of the cash flow or profit upon selling)Exit: 6-7 years once BTR company packages it and sells it to 4.5 Cap rate to Wallstreet.