$100 projected cash flow won't cut it either as you're already maxed out on the debt payment and haven't even gotten into the filing/closing costs, taxes, insurance, maintenance, cap-ex, management, etc... 

I have a tenant already in place and just renewed their lease for another year (end of Sep. 2019) at 800/ month.I will put between 200-225 a month aside for cap ex, repair, vacancy, etc.

My ex-roommate hates cats and is slightly allergic so would always keep the door shut.

If she has a court order for child support, and the ex(s?)

A bank representative has said my ex wife's name is somehow still tied to perhaps the deed.

Basically I'm asking if I can / should do this:- Create an IRA LLC structure with the LLC being in New Mexico / Arizona- Create nested LLCs for any real estate investments, ex. an Illinois LLC for an Illinois property

Trust me.. my ex-husband is a Realtor. 

This also doesn't include any summer leases at $500 per person which will be directed to our CAP EX fund.A break down of the estimated first year PL sheetGross Rent:$23,400taxes: $1,560insurance: $590Water/sewer: $2,000Gas: $1,900Electric: $1.500Maintenance: $1,000expense total: $8550NOI: $14,850Debt: $1080x8months= $8,640Cash flow (paying toward HELOC principle) $6210(yes I'm not including Vacancy for this year, I'm also not including Cap Ex this first year either)utility estimates are based on previous averages, and also our first 4 monthsYear twogross income: $26,000taxes $1,560insurance: $590Sewer/Water: $2,000Gas: $1,900Trash(year two electric will be on tenants and we take over trash): $300Repairs/Cap EX fund: $2,500  (summer rents will be added to this)Expenses: $8850NOI: $17,150Refi Debt (125,000 loan @5% estimated): $8040Cashflow: $9110   45% COCOverall this deal is turning out very well, an seems to be an awesome first investment property.

EX: Madison Hackshaw DBA (Doing business as) Madison’s Bakery

Since being on here I quickly realized how there is such a vast difference in the feeling in the air I get in Bigger Pockets compared to other groups (some groups in FB, in which I intend to leave the group due to not getting any real sense of value, but more like a bunch of vultures wanting to make easy money by preying on (ex: Joint Ventures) with the newbies).