I am wondering if everything in the Ultimate Beginner's Guide and other real estate books for beginners that were written a decade or more ago still completely apply to nowadays investing.

However, as an investor, I’m concerned about falling values and losing equity.

We have some concerns:1) Should we a new LLC and have our old one hold stake in it?

If you are younger and seeking to rapidly build a cash flowing portfolio, if you are wanting to continue 1031'ing into bigger assets, or if you do not have the cash to take down entire deals without financing, leverage makes a LOT of sense.If you are retired (or rapidly approaching retirement with a level of uncertainty or concern about what your post-retirement income will look like), it could make sense to begin paying off properties so that you reach a point where your expected monthly cash flow will exceed what you need to live comfortably after retiring.

I also own/operate assets where I am not concerned about a tenant showing up at my front door.

As a investor / broker/ builder / pilot with 50 years in the industry the one thing that I think is dangerous though is unleashing all these beginners who really dont have the capital behind them and showing them and encouraging them how to get into properties with mortgages is others names and the sellers being to naive to understand the huge risk.  

It is suitable for beginners or data analysts who have no prior experience with title searches.Step-by-Step Procedure1.

Keep in mind that the money is only one factor; your TIME-cost is a far greater concern here.

If one did work out, I'm concerned about doing my strategy (MTR) -- or any rental strategy post-rehab -- in the winter.I've spoken to some prop mgrs who are having a hard time (25+ days) to get renters in places.This is familiar to me as I have a SFH rental and rented it out two years ago from May-July (a 14 month lease). 

Many tax professionals were concerned that any five- and seven-year property identified through cost segregation would need to be handled outside of a Sec. 1031 exchange.