Dont want to make a mistake that it might be someone random pretending to own the company.I do this quite often.

It appears you have several that have been there for quite a while.

A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.If you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

Investing in landlord-friendly markets is smart, especially if you're coming from NYC, where tenant laws can be quite strict.Detroit might be worth considering as well.

Hey @Binita Mehta, I won't speak to the tax side (not a tax pro) but from a bookkeeping perspective, this will complicate your operations (and, bookkeeping as a result) quite a bit. 

Also, the rate at which new properties are being snapped up suggests that there is quite a bit of interest among the investing public.   

I had a passion for real estate for quite sometime now but it was until i went into being a short-term rental agent and making sales of $12,222 from April to date that i saw that there is actually quite a huge demand for short term rental here in Tanzania and i can decide to not just be an agent but rather work myself up to becoming a real estate investor and get my own properties.That 12k, though in humble beginnings showed my that there's something here.

Every day I wake up wondering which brokerage is going to call it quits today. 

The indemnification clause is also quite narrow, offering little protection for you if the QI makes a serious mistake.

It has been quite a journey and I am ready to network and learn from you and to share any knowledge that may be helpful to any of you as well.