Here's my comment on a post "what no one tells you about real estate"  Good luck.https://www.biggerpockets.com/forums/48/topics/1165499-whats...

Good to see the city make some practical decisions.  

Can anyone give me some advice, steps I may be missing to make a confident decision on making my first deal? 

Honestly seems like a little overkill on this decision - unless its strictly a rate-term refinance because rates have dropped, it usually just should come down to a side by side comparison of status quo vs. refinanced (+ how any cash-out capital is deployed)

The best decisions come when you get diverse input and see things from different angles.Thanks for sharing this post.

Quote from @Miguel Del Mazo: Thank you for the discussion @Corby Goade .I feel like we are biting off big pieces of a complex topic, and I think it would be helpful to focus on either the interests of the property owner or the MTR operator to simplify things,I think your greater objection to MTR arbitrage lies with why a property owner would want to willlingly enter into the agreement, so I will focus my reply on that. 

Check out too this 12-part series published here on BP on the topic, hope it helps!

Our ability to act quickly and decisively ensured we could close the deal efficiently, making it a win for both the seller and our team.

This is my 1st post and I am so incredibly thankful that a forum like this exists and for any information to help guide me through this tough decision is so immensely appreciated! 

My attorney says he prefers it when there is a business reason for the state of the LLC, and he said either your home state or where the property is located is suitable.A much bigger topic is whether or not having an LLC is a good strategy given your personal situation.