An LLC may be the perfect route for one person while an S-Corp may be perfect for another.While on the surface, both are doing the same type of business, the facts and circumstances regarding their financial and tax goals, their other sources of income, their tolerance for regulation, their family status and their retirement goals may be vastly different, which would affect the type of entity that works best for them.Taxes are not a cookie cutter, one-size-fits-all topic.

But that is something the vast majority of people do not think about (or won't be able to - imagine a successful dentist that runs a local practice).It will be interesting to see how the Bay Area and SoCal deal with housing.

The rents are vastly under market so if we fix it up, and can even get one of the two units empty, it should work nicely.

Long story short, I disagree with a lot of what is being said in these comments.The vast majority of part time agents treat it as a hobby, have no idea what they are doing, etc.

I welcome all productive input and look forward to leaning on and learning from the vast experience and knowledge this group possesses. 

Good day BP family, I am grateful to be apart of this vast online mastermind.

. -  I am sure you can get a wide array of advice on how to go for financing.

I've only been on this site since yesterday and due to the vast amount of information, anything that makes it easier to search is appreciated!

They can look up previous sales in a given area that you an run a variety of calculations based off of.I'm trying to find a tool that will allow me to analyze many properties over a vast area without having to wait on a realtor.

The vast majority of investors on here probably would have failed as well if that was where they started.