My recommended next step is to reach out in your local network (probably folks here on BP) and attempt to find a reputable lawyer with specific RE/LLC experience in your state/area.  

I'm gonna go over a few things that most folks don't know to better help you out.1.

There is a time factor that needs to be accounted for as well.In my opinion - you will need to be able to reasonable achieve 2-3x the rents vs. the alternative for room rentals to be worth the squeeze.I'd check to see what other folks are renting individual rooms out for to see if it makes sense diving into.

Flipping is extremely difficult right now for folks who are brand new.

Properties that cash flow same thing look at a lot dont really buy any . i bought one last year and am looking again this year.. will see.Loans JV deals.. this is high volume for us.. we fund about 80% of the deals that come our way as we only deal with repeat high volume flippers or BRRRR companies B to B as it were.. so its very cookie cutter as it were.. my folks know what we will do and wont do so they dont send me anything they already know is out of our JV or funding box. 

And maybe have a good CPA anything you folks will suggest.Any suggestion.Regards,namal

Now I will say that some folks don't like 'em.

Hi Folks!

Quote from @Jeff Hamann: A lot of folks posting about the Midwest.

It’s not always easy, but you will learn and if you have good relationships (especially with the suppliers and maintenance folks) you can certainly do it!