It's basically the same as filing your routine taxes...there is no distinction between you and the LLC for the purpose of taxation

We would have to figure out how to make a extra $500/m and stick to a very strict budget.

It would be great if you've found a new way to legally and workably operate and avoid the strict investor limit of going the traditional route.

@Janell Cedarstrom opinions aside, strictly based on forecasts from leading economists, San Diego is projected to appreciate around 8% this year and nearly the same next year.

Maybe it's the sort of properties I have the luxury of investing in here in the Rust Belt, but it's hard to get over how frequently people buy crap-made crapboxes because the numbers in their spreadsheet look good, trust the maintenance to some schmuck property manager who is willing to pretend to work for peanuts but who doesn't know beans about how houses work, and only find out when the metal meets the meat that they bought a crapbox managed by an incompetent that can't survive something like a major winter event.Like the weather's been highly predictable for the last fifty years and our politicians have routinely demonstrated excellence in disaster prevention and mitigation.I buy old houses up here in Pittsburgh, built during a golden age of pride in building.

Every day same routine , get up before sunrise ... long commute  ... labor for 8 hrs ... come home and get ready for the next day ... some days are harder than others .

Oh, and that house with all the retrofits ended up at the bottom of the ravine........be thankful of strict disclosures realtors have to pay attention to!

Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

I know lease option in Texas is very strict and protects tenants.

I personally choose to stay nimble and “cheap” to run my business, so I strictly follow the small, highly targeted lists and exhaust every method of reaching the owners to keep my costs down.- What options are you giving sellers?