Unfortunately, due to an unforeseen event, me and my friend are no longer able to attend, but our loss could be your gain!

I've yet to have anyone on BP articulate to me how an LLC in one of these states perceived to have greater privacy protections will prevent a plaintiffs attorney from suing the deed holder in the event  someone is injured on your property amongst the various other common claims a property owner is subject to.

@Chris Sieradzki Yes Barcelona, in fact, our monthly event is tonight so feel free to join us if you can! 

I learned the hard way that I need the capacity to make the first mortgage payments in the event of default. 2009-10 still stings. 

Consistently show up to the same networking meet ups and events.

The other thing...all the loss models are being updated with these events making insurance risk higher which translates into a higher quoted cost...so no surprise to the industry folks. 

We as investors have to think differently from a newly wed first time home buyer that can overpay based on emotions. 

@Arya Chen Another suggestion is to look in the Events & Meetups section of the forums and attend some in person networking events even if you don't live in the areas you're considering investing, if you attend regular events and let people know what you're looking for - you'll be surprised at the connections you can make and where they can get you! 

If you are interested, we have an in-person event coming up this Saturday where we are diving in to AirBnB / Short-term rentals in Chicago. 

But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).