I'm a new investor looking for an off-market advantage and am analyzing a lead on a flood plain property (fsbo) ten minutes from my primary residence. 

to take advantage of lower interest rate.

You would be the first and the first is always at the advantage in business theory right? 

@Mike Baxter thanks again Mike, I’m super new to all this so I know some people would take advantage if they could.

Hello - I am in the process of renting out a property and fortunately (for me), i have a very high quality of tenants who have applied and i am trying to find out how to select the best.1.

Keep in mind my advice was to; A. get a better-paying job and/or B. learn a new skill and get a side hussle.So would you recommend taking advantage of what, at least for now, looks like a great way to turn a liability into a cash-flowing asset?

I would use this to your advantage as it’s not that big of a deal in the grand scheme.

I have some renovation experience so I was looking at doing some version of a live-in flip for a year (to take advantage of primary residence mortgages), move out and start renting the property, buy a new property, and repeat for 3 years - ideally with 3 cash flowing rental properties when I leave.I have a home I'm looking at that my relator thinks we can get for $180,000 and based on similar listings can rent for around $1400/month...its a new-ish build so it won't need a ton of reno other than a few cosmetic upgrades (<$5,000).

Additional help may be found by reviewing all types of organizations and structures before making your selectionDo you recommend that we stick with the LLC or select corporate/S corporation status?

Hello Antonio,The best thing for you to do, as a military veteran, is to try and take advantage of the VA loan program.