Advantages are that you only need to form and pay for the initial series LLC, file one franchise tax report, file one tax return, and pay one franchise tax payment if required by the state the LLC was formed in. 4.

@Alan Kopmeyer what are the top 3 things you'd like to initially learn about investing in rentals and flips? 

Prior to the disability payments, section 8 covered $900 of the rent and tenant paid $50My initial goal was to increase the rent to $1,200 assuming section 8 was paying.  

This would be a ten year initial commitment of my IRA converted Roth IRA dollars.  

With regards to issues involving the contract, it's literally "Charlie Brown teacher" to my ears.Also, only offering MTM leases allows you to more easily mitigate a tenancy where someone is acting incongruent with your initial impression of them.

This was a great way to begin my journey, as my initial motivation for obtaining my real estate license was to purchase my own home, which I successfully did this year.Now, I’m embarking on a new adventure as a real estate investor.

It's wonderful to see someone so young take the initiative and the risks to build something for themselves.

Text and verbal agreements are legally binding in Virginia (where the rental is).I really believe she initially intended it to be a year long renewal, as she also remarked she was very happy, as it is only a block walk for her daughter to school.She now has a boyfriend (he hasn’t moved in), and a house they want to move into together, so she is giving notice.

The DP is the initial equity, which you are paying for.  

I've purchased properties before as a residence, that were in negative cash flow initially, which are doing great now.