Hey all,I recently closed on a 3 unit property which I am going to house hack which brings my portfolio to a total of 5 doors (including the one im living in) and am curious if it would be wise to have an LLC for each property and setting them up as individual companies?

While I haven't closed yet doesn’t mean that I am not closing.

I haven't drove through that area in about 10 years but I remember we closed all windows and locked everything up when we did.

We took them to arbitration, but they did not participate and we found out they closed their offices and I believe the owners are no longer residing in Florida.

Also do not take documents off the internet, get an attorney to draft documents for you and also always close with a title company. 

The stores are supposed to be 24 hours and they’re often closed due to staffing issues.

UpdatesI have two BIG updates, I actually just closed on a home not for airbnb but for myself in an area I have been trying to buy for a year but investors have been bidding on houses like crazy in the area.

They don't care what happens after the deal is closed. 

Purchase price: $242,500 Sale price: $430,000 I used private lending to cover the down payment and closing costs, then paired it with a hard money loan to fund the project.

Using the deferred tax as part of your reinvestment will do wonders for what you are able to buy.You get access to greater reinvestment potential, as well as not having to recapture any depreciation.If you do need access to some cash, you can either take some out as part of the closing (only the cash you take will be taxed.