Personally, my favorites are...ABCs of Real Estate Investing by Ken McElroyWealth Can't Wait by David Osborn and Paul Morris (about SO much more than investing, about life and it's amazing. both have appeared on the podcast)and you can't go wrong with Brandon Turner's books.Best, Derek

Can you argue you are doing work for the LLC portion?

A couple of books I would recommend to start with are the 2 from Ken McElroy - The ABC's of Real Estate Investing and then the Advanced Guide to Real Estate Investing.

I almost won a deal I wasn't even in the same ballpark as numerically, but my responsiveness and willingness kept me in the conversation long enough to get a sincere "thank you" which I don't underrate,I can't argue with saving money, I encourage it!

Option 1: invest in multi family housing Pro- semi reliable income- cuts cost on my living expenditures -recession proof (can be argued)Cons- high cost start (for me at least)- first time managingOption 2: Buy land and try to negotiate a development deal Pro-huge reward -can be fast- after deal is done right, I'm hands offCon-very risky especially for intro-no expertise in this field -finding a great deal in hardOption 3: wholesalePro-great return-can be fast-not long term Con-hard to find good deals especially with a full time job -can be a nightmare project-no expertise Please correct me if I have messed up with any of my pros/cons.

One of my mentors used to use a 7 point scale, some use ABC, some ABCDEF, Baltimore City has a map that goes to G, I believe.

If you have put little money into the company it can be argued that all profit is because of your efforts and most of the money is earned income subject to Self employment tax. 

lol, link directly to the law on Congress' website and pull the quote from there and he still argues its wrong.

@Mido AliThe two that I have helpful are - For SFR - "HOLD" by Gary KellerFor MFR - "The ABC's of Real Estate Investing" by Ken McElroy

No sense (in my opinion) arguing over $250 on a six-figure purchase price only to end up with the guy who cuts corners to make up for the lower price.