I recommend you go visit a few times to network with local investors or find an investor friendly agent so you can gain local market knowledge, find off market deals and for things such as showings, picture taking or getting accurate comps.

I would recommend just reading up more on both industries and make a decision from there.

Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

I do have a great agent recommendation if you need one.Hi Tim, thanks so much for the warm welcome!

The law does NOT apply to landlords:With less then 5 rental unitsThat live in one unit of a duplex and rent out the other unitThat rent out rooms in the home they occupySo, landlords can no longer state in their rental ads, "Section 8 not accepted".The reverse is also true, "Section 8 only", cannot be used.We've always recommended screening S8 tenants the same way as cash-paying tenants.Landlords waiving application fees and/or security deposits only for S8 prospects may also be violating Fair Housing.

3) Any specific states you recommend to set up any of these (Not sure where I'll be purchasing property yet, maybe Detroit, maybe Cleavland, maybe Augusta, maybe Des Moines, maybe Saint Cloud, maybe Memphis...)4) I already have a LLC based in Hong Kong (We call them limited companies, but the principle is the same).

I'm a local Duluth investor, happy to share my experience and can give some recommendations to help build your team.

@Corbett Brasington,My recommendation would be to use a trusted attorney.

If that's not an option, I would recommend he look into his state and local municipalities' rules on how to handle abandoned vehicles.

There is a lot to go into it and recommend BP and youtube to learn more about the industry.