Make sure you have a decoueling layer between the drywall and the joists.

Thanks  The main thing I look at aside from a reasonable wear layer and pattern & texture (hides scratches) is the quality of the locking system.

That spreadsheet is much simpler than the above.If you have a straight partnership, the proceeds might be a simple split.Creating a spreadsheet that could effectively handle both types of structures adds a further layer of complexity.

An S-corp on top can make sense for active income (flips, wholesaling, property management), but it doesn’t usually reduce tax on pure rental income and can add payroll and multi-state filing complexity.With multiple states (NC/SC/GA/FL), you’ll also want to factor in state filing and nexus before stacking entities.You’re smart to think about protecting assets and your 22% bracket, but I’d model a simple version first (just LLCs + your current return) and only layer in an S-corp if the numbers and activity level really justify it.

It means sellers aren’t adjusting—and smart buyers and owners have room to maneuver.And there’s a bigger layer beneath all this.With AI projected to disrupt employment over the next 1–5 years—with some forecasting 10–20% unemployment—this is the moment to get intentional.

Yes, some investors layer private money with hard money or short-term loans to speed up closings, but it’s important to run the numbers carefully to ensure the combined interest and fees don’t eat your profits.

On paper, they looked like a strong borrower, but the tax-return complexity from multiple businesses made things messy.Here’s what ultimately worked for them:✔️ Used a closed-end second to tap equity✔️ Qualified using a 1-year P&L instead of full tax returns✔️ 738 FICO✔️ 81% CLTV✔️ $225K loan amount✔️ The lower-documentation structure brought DTI from 61% → 49%, which finally made the renovation feasibleWhat stood out in this situation was how alternative documentation options can make a real difference for people with layered income or complex business activity.

There are also some other military-specific tax strategies out there you might consider and layering real estate strategy on top puts you in a really strong spot.Honestly, you can’t go wrong with what you’re considering.

Great start—lock in a clear buy box for Twin Cities LTRs first, then layer MTR/corporate housing where hospitals and business hubs drive 30–90 day demand.

It would boost your income, help your lending profile for the next deal, and would keep things far more predictable than Airbnb.Airbnb can work, but it adds layers of regulation, seasonality, and management headaches that many investors often underestimate.