BiggerPockets Forum Discussions on LLC’s Summarized:BP poster: I need to transfer my properties to an LLC for anonymityYou’re told you are not anonymousBP poster: But I need it anyway for tax savingsYou’re told there’s no tax advantages BP poster: But I can get non recourse debt because the LLC is the borrower. 

I just want enough stable revenue to pay yearly expenses, hire a property management team, and pay the debt preferably in 5-10 years.

I am 17 years old, I have no debt, and I live rent free with my parents.

We also broker multifamily loans to banks, credit unions, CMBS, debt funds, and private lenders.

Not a collection agency, but have you considered using a rent reporting company to report the debt directly onto their credit reports with the Credit Bureaus? 

I have no debt and have managed to save a significant amount of money.

Nashville is a fantastic area for both, with strong rental demand and plenty of opportunities for single-family and multi-family investments.I specialize in DSCR loans (Debt Service Coverage Ratio), which could be a perfect fit for your buy-and-hold goals, especially if you're planning to grow your portfolio.

Will be out of debt in May-June 2025 (the $55,000).

I don’t have a credit card or score by the way.

I guess my point is that investors should not invest believing inflation or price appreciation will bail out a lousy investment or paying too high a price or structuring too much debt.