Owning properties through LLCs in their respective states avoids the need to register a foreign LLC, which adds costs and administrative requirements.If you plan to acquire properties across multiple states, you could create a parent LLC in Florida and have individual property-specific LLCs (child LLCs) in each state.

That ends up leaving a void that's filled by unprofessional, and in some cases outright criminal operations there in the PM space.

You can refinance it into a conventional loan and that helps avoid the higher down payment.FHA also offers more wiggle room when it comes to DTI debt to income ratios and reserves requirements. 

There’s definitely a strategy to applying for business credit to avoid alerting other lenders that you’re shopping for credit.

Managing money might not seem as exciting as closing deals, but it’s one of the most crucial aspects of running a successful real estate business.

Fix-and-flip or builder’s risk insurance should be in place before work begins, and confirm your contractor obtains all necessary permits to avoid delays.

Permitting also secures compliance and avoids fines, which can be significant in LA.This post does not create a CPA-Client relationship.

You'll have less cash flow on the 200k but the absolute equity build will be faster.I'll also say that I don't actively avoid cash flow.

Consider if refinancing after increasing rents could work, and whether MTR/STR demand is strong enough to sustain long-term profitability.Keep as LTR with Minimal Cash Flow: While this avoids a cash outlay, being cash flow negative or barely breaking even isn’t sustainable long-term.

Of course everyone wants to avoid the most expensive but usually for the wrong reasons.