Some can execute on the lower tier assets and transition out but it is a far more difficult asset class to operate and exit than most realize and many fail.

The team of Charissa Napoles the realtor and Robert Mincey at operation tango yankee inc have told me this second property was just a full rehab.

If you take lessons from The Hands-Off Investor and many people here, you want to judge the operator first and do your due diligence on them.

If you're not careful, the administrative requirements can trip you up—but when done right, the savings can be well worth the effort.For those of us scaling our portfolios or actively managing real estate deals, the conversation about structure isn’t just theoretical—it directly impacts how we protect our wealth and position ourselves for long-term growth.What I’ve found is that many investors don’t realize how critical their personal credit is in setting up these entities successfully and accessing the funding they need to operate and grow.

Reporting and Analytics ToolsDashboards for financial, operational, and tenant data analysis.

Annually, I manage multimillion dollar construction projects and operations of a large scale facility.

Clear communication is the foundation of successful real estate transactions.Remember, the real estate market operates in cycles, and timing is crucial.

Quote from @Ashish Acharya: @Javier Molina California aggressively enforces its $800 franchise tax on LLCs deemed "doing business" in the state, including Wyoming LLCs if you reside or manage operations in California.

Look forward to hearing posts on your deals and operations.   

It potentially can be possible if you provide your capital to a fund who operates as a private lender.You would have to be a non-managing member in an LLC or an LP in a Partnership.Therefore, you would have no say in items such as who to lend the money to, at what rates, etc.Best of luck