I figure I wouldve already invested so much that an additional 15k or so would've been silly not to.

If you plan to expand your portfolio, forming an LLC can simplify liability protection and operations for multiple properties.Consult a CPA or legal professional to confirm your tax obligations and evaluate whether an LLC or umbrella insurance aligns best with your investment goals and risk tolerance.This post does not create a CPA-Client relationship.

Hi Kevin,I'm originally from the area and have invested there before (managed myself).

The reason I am analyzing with slightly different types of properties for those 2 scenarios is so that my initial investment is similar. 

Obviously it is always a good idea to respect folks time, but find someone who also has skin in the game, investing where you are investing, can talk about their experiences, and also has built a network of folks who can support you after the transaction as well. 

Investment Info:Single-family residence wholesale investment.

Never considered it a market to invest in.

Investment Info:Single-family residence fix & flip investment.

If you spot a rule-breaker, just tag @moderators, and we’ll take care of it.Again, welcome to the community—happy investing!

I don’t intend to occupy the house as a primary residence but purchase the property as an investment property.