For example, if you set up a Wyoming LLC to hold real estate in Oregon and properly respect these boundaries, the LLC should shield you from a lawsuit brought by a tenant, such as a claim stemming from an injury on the property.

Much like a forum on Divorce.

You have to be ready to make 3-6 months of payments on the mortgage yourself after they stop while you try to foreclose/evict them.

Now that same house you could have purchased for say $300K is now $325K+.So if you would have purchased that same home at a higher rate you are paying less versus a lower rate on the higher sale price.

I am still somewhat of a novice, but I'm excited to contribute and learn with you all on this platform. 

Be sure to explore all around the forums as well as many of the FREE tools that Bigger Pockets provides.I am on the lending side of things and am always happy to hop on a call to discuss loan options that are out there, even if not offered by my resources.

To thrive in real estate investing, you must maintain a firm grip on your finances.

Don't spend on flowers too much because your tenant will very likely  not take care of them.

His position is moving him and were trying to stay in front of it, but I am not leaving our city (two hours away till our last son graduates) so were looking at purchasing a mobile home in a park or to purchase land and put a manufactured home on it.

And how are you going to get a 6% loan on it ?