It depends on the lender and the way the OA is set up. if it is only a 2 member LLC and both members have 50/50 ownership, then both may be required to be a PG.

I would set up a family trust, if you have a ton of equity maybe you refi the properties into an LLC but if you are locked in with lower rates then I wouldn't touch the ownership piece yet. 

What if you have a bunch of money in Bitcoins and North Korea sets off a nuclear bomb that takes out satellites and shuts down all communication, computers, etc. then Bitcoins aren't going to be too accessible will they?  

The trust has already been set up for estate planning and we are beginning to fund the trust.

If you ever set your eyes on the market here at Memphis, TN, I'd love to connect and have a talk about what your future steps are! 

If you are set on prioritizing the BRRRR and cash flow you need to find a different market, but perhaps you are already in a Market A equivalent and there's an opportunity you're not even aware of. 

I’m just afraid of setting up myself for failure since it’s my first rental property.

Your first deal will set the tone for your investing journey, so:•Make sure you’re getting good guidance.

Most of the homes come with a one or two year warranty so we set it up so that they can communicate with the builder directly to handle maintenance issues.- Taxes are usually much lower the first year. 

you start with the pictures of the family  why do we do this  we do this so we can spend time with the kiddos  ( who is going to disagree with that)  then you put up like sperber pictures of his lambo  who does not want that LOL.. you bring in professional actors to do the set up meetings and create the funnel to drive them to the big events or big dollar programs..