Working with a CPA can help you navigate tax implications, and staying focused on long-term planning will set you up for success.

I think behind tenant screenings and leases there is a quality of a landlord that's also as a person that is the respect for a good person and the intelligence of making fair affairs.For me for ten years in the past I had a house of 650sqft (two rooms and cozy kitchen) where I always have been giving away one of the room for others who were asking for help for themselves and I didn't had any earnings for me by that, and that has been during for many and many years, meanwhile I was surely needing more space for me, for my business in a studio and for my own personal life I eventually could have been having.Nonetheless this, on last years I had no more an house and I needed a room for rent, but even before any screening the landlords were being unrespectful and very unreasonably severe to me, they often had making me lose so much time by no taking or going away to the point I had no other choices in the end, and they set me in the wrong places for me, dangerous ones, too small, too big and very expensive, unhealthy ones or not providing anything at all when it was obvious they needed to.To me this kind of behaviour is very wrong, mostly because usually they are the same people who pretend respects and acts as they are very careful and attentive to housing situations in general, but with me, they have been lying above anything and just disrespected the person at a human level. 

Set a clear budget, research properties carefully, and keep growth potential in mind as you plan.Good luck!

I've setup an LLC with a separate series for each of my rental properties (2 so far) I would like to set up a separate checking account for each series of the LLC.  

Currently finalizing a deal for another property with a different individual investor where we will have the same payout model, but they will put up a bit more cash to cover all the admin work I have to do to set things up. 

My criteria is a specific set of numbers with dollar signs in front, not percentages behind. 

You can start by compiling a list of investors who appear on podcasts, reaching out to them, setting up appointments to talk, and beginning to build relationships.

Seems like maybe he uses the fact that buyers and sellers sometimes lie as justification to set the bar super low for himself when it comes to telling the truth?

They may require a foundation (footings) of some sort, a different home set up, among other things.

I am new to this and have been reading and researching.I have a meeting set up with Praxis Capital.Has anyone invested with Praxis Capital and if so just wondering about your experience.Thank you Louis, did you ever invest with Praxis Capital?