Agents are also advising you to look for expensive mistakes (like checking the sewer which could cost 5-40k) and using their network and contacts to find homes off market or FSBO.  

Give your state's 'cure' term ("In New Jersey, a tenant has three business days to pay rent and court costs after a judgment of possession is issued to avoid eviction.

Upon BP member recommendations, my husband got his real estate license which now helps increase our access and decrease our transaction costs.

@Ben Syzek with $50k, you're probably looking at a property with a total cost (purchase price + reno) around $250k.

It takes dedicated resources to build out and to do effectively at scale.

Throw in they are short staffed and if its less than $100M+ it will cost them too much to investigate.A state agency may look into it, but at this time - someone paused redemptions - that is not a crime even if they are still marketing to investors.

Stessa is not perfect but I like the capability, love the %5 interest rate on my associate account and have found the support honest and effective.  

Insurance-  replacement costs.  

With down payments, improvements, commissions, title work, holding costs etc....

You are only adding complications and costs with the LLC with no upside  This is all assuming there’s been almost zero appreciation and you shouldn’t sell tax free while you have the chance.