My question now would be are there entities such as an LLC that you can report you rental income under were the tax treatment would be different versus ordinary earned "W-4" income from a job?

Bear with me.A 3/2 single wide built in the mid 80s- 14 x 70 that needs no work.

Also bear in mind that I believe you can not bid owner occupant on another Fannie/HUD for two years, so make this one count!

the first deal is a bear.

This is my first night on here and I have been skimming threads like a sponge to try to get some bearings on where to start.I was born in Ponce Puerto Rico and moved to Reading Pa when I was 3.

I understand it's what the market bears but I don't see the "investors" paying 80% being around long so maybe maybe the market will level out when people stop paying those prices.Until then I'll just have to find the deals myself but that is the time consuming part I would gladly pay a wholesaler to do if they could do it without charging market prices.

I couldn't bear to be dependent on I35W north of Fort Worth as my major highway, but there are plenty of jobs up that way, and it's continuing to grow.

Price of the property has no bearing on the percentage you have to put down it's based on number of units. 

Hey Everybody, I've spent a good deal of time lurking over the past month and I thought I'd step up and finally say hello. I'm Wayne. I've thought about getting a rental property as a next step in life for a couple of...

Neither really has any bearing of the quality of the tenant.