The allows you to have a Master LLC and then spin up separate LLCs underneath it without having to pay an additional franchise tax or file a separate tax return but gives you the flexibility to hold certain assets in those entities and even have the ownership structure be independent (e.g.

The surplus does not pay the first mortgage or taxes.

I think that's fine as long as, and this is important, you DO NOT pay market value for the home.If you pay market value you're going to expose yourself to fluctuations.

How would you pay the person if this is part-time help?

Save what your tenants are paying you, and buy again in a year or two.And to me, wholesaling is just another job, it's not an investment.

I wonder how many of you buyers now pay 2-2.5% buyer's agent fee VS. buy without an agent/ or negotiating a lower fee with an agent. 

I know all about Hard money and private money lenders, but I am wondering is there is a lender out there that could lend me money to buy my own property under my business name and turn it into a rental all while paying market price on my home?

@Jude Zamor This is not what you want to hear but if you have to borrow to pay closing costs you are probably stretching too much to do this deal. 

Just my opinion, but if you only have 1 water heater/furnace, I think you should pay for it (charge higher rent to cover the cost.)

.$700k down 1.3m loan at 6.5% amortizedover 20 yearsYou would make $18k a year in Cash flowWould pay down $31k a year in principalAfter the first 5 years.