They rented the units to bad tenants, misallocated funds (including two months’ worth of rent), and prioritized unnecessary repairs while neglecting key structural issues.

ROI is important but I also want to avoid unnecessary headaches so looking for at least a B-/C+ area. 

This is the problem I observe with most when in comes to entity formation and asset protection. 99% of the individuals who post questions in these forums are for some reason pushed to believe they should at least research entity structures that are completely unnecessary.

Make sure you have cash reserves for 6 months , steady w2 job if things go south and do not plan unnecessary big ticket items until you stabilizeI have known people start with 40 k and used it to fund flips and work their way up and get Business Line Of Credit for 200 K in 2 years and after that of course it is very easy

That means not traveling unless necessary, less going out to eat/drinking and avoiding unnecessary expenses of all types till your HELOC and CC debt is close to nothing.

I had to rely on my new real estate agent to find another contractor, adding unnecessary stress to the process.The deal I was presented with had an ARV of $120,000, but after the rehab, the appraisal came in at only $92,000, leaving me short by $28,000.

Talk about unnecessary confusion for me and for the tenants to undo the mess. 

I'm tried of paying the unnecessary CAR/NAR fees 

I am interested in pursuing the legal structure of creating a land trust that owns the investment property and the land trust is within a WY LLC.I have spoken to NCH, but I was wondering if any of you have recommendations of other companies that can help setup this structure for houses outside of WY.Thanks in advance**I am NOT looking for comments on why this is useless, unnecessary etc.

we dont mind working with knowledgeable agents but man the ones that are new or never sold new construction are just horrid to work with most of the time.. they simply dont know what they dont know and just create a lot of unnecessary drama in the transaction.