Plus, managing an LLC adds complexity, requiring adherence to state regulations and additional paperwork.

Oh sweet summer child.You are me, 5 years ago.

Be careful; the rules for qualifying for a real estate professional are extremely complex - it is an area of the tax code that many practitioners and even judges (tax court cases) have gotten wrong.

I had a couple of people suggest to me to 1031 my Bay Area SFH to buy an apartment complex or multiple single family/duplexes out of state to "cash flow" better.

I just think the ultra sweet deals for first time is not to prevalent. 4.

It's easier for landlords who own a lot of units or an apartment complex to bear the burden of non-paying tenants.Look for areas with population growth and population changes.

Ask the questions in the attached article to get to an experienced asset protection attorney, not just an attorney who has taken a few CLE courses and is dipping his toes in this complex field.

If having roommates is not an option, you could still utilize this strategy with a small multi-family property.Alternatively, a 2BD MTR might be the sweet spot for you. 

.- Management complexity necessitates careful documentation and legal compliance.- Lender familiarity issues arise as some lenders may not understand Series LLCs, thereby complicating financing.A Series LLC offers a streamlined, protective, and flexible way to manage multiple real estate investments.Thanks,

However, even within the same city, I have found that some Section 8 agencies are easier to work with than others.Alternatively, if you own an apartment complex, you can apply to make your entire complex Section 8.