AS far as your deal, whether it's a go or not, we really need more information about the house, the cost, the rent youll be collecting, yadda, before anyone can begin to analyze it.Good luck!

They will require a detailed business plan, inspections, yadda yadda. 

First of all, I am not a lawyer, yadda, yadda, yadda.

I've made a relationship with a realtor and a lender as well in the meantime, already pre approved..yadda yadda yadda.Here's my dilemma.

Everyone gets excited when a few flips net a huge profit, you see other houses in the neighborhood do it as well, then all of a sudden after a few years you've got these empty expensive homes that no one wants for the new price point because of new builds or location or yadda yadda. 

REAPS the major networking really occurs before or in the early part of their main meeting in Bellevue, then they move on to the speakers and yadda-yadda.  

The problem is that most agents just call them up and try to sell, sell, sell "Im better, I can get it sold, have confidence in my team yadda yadda".

I’m putting the 20% down and after the mortgage, PM, tax, yadda yadda, it’s still putting money in the bank.Of course as long as it’s rented out.Now for the twist.I’ve been offered a fantastic (unrelated) position in Beijing to work and study.This needs to happen by Jan of 2015.I’d be there for a few years but will be able to travel back to the US once or twice a year for a couple of weeks.Soooo . . . the problem lies with what I have currently.I bought a short sale back in Oct 2012 that I am currently living in and rehabbing.I bought it for half of what it’s market value is (currently) and my plan was to sell it on the 2 year anniversary (Oct 2014), run with the gains to buy a duplex to be O/O.But then this lifetime opportunity came up.Maybe Paula Pant can chime in on this since she is also a world traveler too.BTW, China is nothing new to me since I have already been there 5 times within the last 6 years and have always dreamed that someday I can just go and stay longer.My real question is, do I still buy that duplex or buy a second SF in cash with the gains or do I take the risk to buy the duplex, live in it for a couple of months before taking off.I believe having 3 rentals and only 2 mortgages, there’s enough wiggle room to not stress out if one should stay vacant for a few months.Or just have 2 rentals and only one mortgage?

I usually stay out of detailed LLC threads because a) the practices are unique to state in which they were formed, and b) I'm not a lawyer yadda yadda.

I think most everyone's goal here is to become a more successful real estate investor / professional, although specific short-term to long-term goals may vary.The purpose of the monthly goal thread is mainly for accountability, and so people can get new ideas and start taking action.With that being said... yes, yes... we all know goals should be SMART, yadda yadda.