People that have "amazing deals" outnumber "people that actually have money to execute on them" by a ratio of 10:1 or 15:1.

I live in LA, and have a rental here as well.

You have to have a Deed written by yourself or a lawyer and record it into the County.The main things to consider is the loan and insurance, those could be affected if you are transferring to an LLC. 

I have about $62k in available equity I can pull out.

Too many people do not think ahead and borrow 100k but can only pull out a much smaller number to pay back or have to wait longer then they expect. 

This winter was pretty cold in Metro Detroit, but it was nothing compared to the rental slowdown we have seen from November until now. 

If not, don’t even think of this.No matter what, consult a qualified lending attorney to understand your legal options and ensure you have proper loan documents in place to protect your investment.

I have often seen many people love the idea of building, but once they figure out the cost, those ideas change.For reference, here in Chicago, you can expect new builds to be between $200-$275/SF depending on MANY factors...that's just a very rough ballpark!

To network and connect people that can add value to each other.I'm am glad you are taking the right steps and I can't wait to see how you grow your portfolio from here.

We have hosted thousands of medium term rental guests and we have completed the eviction on all of 1 guest.