It will also allow you to focus more of your time and resources in the actual real estate vs. raising capital which usually leads to poor real estate acquisition and operational decisions because raising capital is your full time job leaving an inadequate amount of time for the real estate.OK, chasing 32unit apartments, acquisition priced between 3.2M - 4.8M.  

I doubt you'll make 11% with the S&P, but it is probably still your best bet.

It's hedging your bets. 

Savings: Hold the deposit here so it's separate from operating funds.

Paul and I operate 10 doors in North Iowa.

Lenders will want to see the filed Articles of Organization, an Operating Agreement that you can get from your attorney or, if you're brave and it's just you on the LLC, some people use Legal Zoom or Law Depot.

THANKS Your local credit union might be your best bet.

My wife and I owned, operated and sold five RV Parks; three to individual buyers and two to Blue Metric.

That will probably be your best bet, to buy a fixer and get it cleaned up and then rent it out.Best wishes and good luck with your endeavors.  

Paul has started at least 3 separate threads in the past few days announcing to the world the success he's having with section 8 rentals and repeatedly reminds us he doesn't have a clue how to calculate the true operational costs associated with these properties.