Basically any active income side hustle I do like consulting, wholesaling, self-incumbering a free and clear, lending, etc all go through my scorp which owns nothing.  

The mortgage for this property is under own names due to favorable interest rates and a lower down payment.Additionally a bit of background info, before purchasing this property, we set up an LLC with a basic operating agreement.

I will keep looking but it's time move away from the concept of career to the concept of making money.

I want to grasp the concept of wholesaling locally before I move to a virtual market.

There are no washers or dryers on the premises (might be worth adding coin-op washers in the future).Property condition: The garage is in complete disrepair, basically functions as a carport at best right now.

From what I've read you have to basically pay double on rental properties.

Subflooring up basically.

Basically it means you have to have a net worth of $1 million (minus your primary residence) or make $200,000 a year for the past two years.All well and good.

While it is true the properties definitely are not in the best condition (not unlivable but not brand new) and our timeline/budget isn’t conducive right now to a full rehab, what I find the most concerning is the agent is basically telling us this area is a bad place for investors.

I do want to point out that the 75% idea is a highly rhetorical concept that people throw around on BP.