If they leave it will be much easier to find a replacement tenant.4.

I've been analyzing SFRs for a little while and it seems easier to find potential flips, than buy-&-hold rentals.

Most often if you can target both 3 bds and 2 bds that have over 1000 sq ft and find room to add a 3rd bedroom.

Note investing is easier to do remotely vs conventional real estate.

You get free exposure to people who are in your target markets.

a salary before taking any money out- Self employment tax is not due, as the only income of the LLC will be rental income- If the LLC shows a loss in the first year it will be easier to carry this over to the next year if not taxed as S corpThankful for any advice!

It is a lot easier than I thought, but unfortunately the lot I was looking at was about 500 sq ft too small to divide 3 ways and dividing it into 2 didn't make as much sense.

It is easier to drive through some neighborhoods an show someone than it is to describe. 

I'm targeting properties in the $100K - $200K price range, with the intention of using traditional mortgages for financing.From the outset, I do not plan to set up an LLC; first, because I don't think most banks will lend to an LLC, and secondly because I don't think such relatively small investments will arouse the attention of ambulance-chaser lawyers. 

All rents and expenses go through these accounts and it makes it easier at tax time.