I don't say that to be self-serving, being a lender.

Also, check to see if your jurisdiction is practicing "Just Cause Eviction", which went into effect statewide earlier this year for municipalities that which to opt in. 

I self manage 29 SFR and do all my taxes on turbo tax.

As a self proclaimed rookie, I recommend starting by conducting your own initial assessment of the property.

Many people start out active because they want exposure to real estate and don't know that you can start out passive - you can effectively hire the asset manager and supply capital to the investment.You can have great success as an active or a passive investor - but it is important to understand the difference and to select whichever option matches your skills and resources the best.Good luck!

I self-manage, but I understand that's not a practical option for most people.

While I don’t suggest that the smaller type investor purchase and utilize “exotic” vehicles like foreign asset protection trusts, family limited partnerships with outside controls, or Byzantine or convoluted maze of ownership entities, the more simple strategies of using Series LLCs, self directed retirement plans, and paying off their home mortgage to the extent of the Federal BK homestead exemptions can insure that a plaintiff attorney never even considers going after them.  

Good morning,I’ve owned a MF in Euclid, Ohio for a few years but just recently started to self-manage it.

Housing lots/ subdivision, self storage, commercial, parking, rv park,  etc3.  

In your opinion, what is the most effective way to establish an LLC?