Until you have $1 million or more in equity and really understand how to use an LLC, I recommend you just buy an umbrella insurance policy for $1 million.

IE becoming a MFR landlord you do need some training.Its just like when you buy a franchise you have to go to their training so you learn how to cook the burgers right and so on and so forth.

@Anthony Zotto unless you have a LOT of landlording experience, do NOT buy w/o tenants signing a lease!

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

I’m not planning on buying until 2026 so where do you go for real estate news and market trends?  

I wouldn't have any interest in buying something like this to hold since it would be so far negative cash flow wise on a monthly basis.

@Shannon Vistisen I would say this, unless you know everything that is tied to that entity, buy the property alone.

Quote from @Eric Gerakos: My wife and I buy many “fractional” notes where we live in California.

Since this is a real estate forum, I'd just clarify what someone could buy the real estate for and what your lease terms would be.How many sq ft?

I'm in the same boat for reference- I bought into the "buy now, refi later" idea and am sitting on a 7.375% on my latest property acquisition and a commercial line of credit I have is at prime + 1 (so 8.5%).