You will want to make sure that you record your depreciation schedules the correct way if you are self preparing.

Some of her properties are in her self directed IRA.  

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

While the initial costs are a consideration, the long-term ROI can be favorable if there's sufficient demand in your market.

I would bet the most of us self manage.

Perhaps the conventional 5% down, but since I am self-employed and write everything off, I am being told that I would still need to put down 20% and provide a year's worth of bank statements to satisfy the underwriter.My question for the community is: does anyone have any ideas on how I might structure my first deal to acquire property number one?

Determine a goal you’d like to work toward financially, is it “financial freedom” (whatever that means to you), buying a business, becoming self employed, becoming a full time real estate investor, having enough cash for your kids college education, having enough to retire, becoming a centi millionaire, etc.3.

. - do nothing, hold in personal name but ensure you have sufficient Umbrella coverage.Do you use one of the above?

The biggest benefit of the LLC is in being able to have a sort of firewall between your companies and self.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.