Investment Info:Single-family residence buy & hold investment.

Buying a condo in Treasure Island could be a great move, but be sure you're prepared for the next hurricane.

There will be many situations where you can help a homeowner save their home -  however, in other situations they just want to sell quickly which provides a wholesale, fix/flip, buy/hold opportunity for you. 

Many people don't buy because they are concerned about this and that.

from those I know the way they got going was to buy a 4 plex when it went up in value sell and buy an 8 when it went up sell buy a 16  then a 40 then 100 extra and you need no partners.. you grow it organically. however of course this is not pay 40k and your instantly an apartment owner..

It may be more difficult to get financing and a good rate buying through an LLC. 

I personally think you can successfully market both your property management (PM) and buy/sell real estate services under one brand if you position them correctly.

However I also recommend anyone purchasing real estate in an LLC being able to articulate precisely why they are buying their real state in that entity with a full understanding of the benefits.

Moving and buying your first piece of real estate is a lot in the next year!

Originally posted by @Max Gradowitz:I'm in CA and the most common LLC-related question I get is "I live in CA, I want to buy properties in other states, what state should I open an LLC in so I can save money?"