However, transferring a mortgaged property to an LLC could trigger a due-on-sale clause, so consult your lender before doing so.While an LLC does not save taxes, it can make audits more straightforward and help present your rental as a business and you can combine all the hours from multiple STRS into one to meet the MP requirements.

Places like San Antonio might present more favorable cap rates, from what I read in Forbes recently.Refinancing could free up equity if today’s loan terms are more attrative, though that depends on current interest rates and the property’s updated value.

@Jose'Luis De La TorreWelcome to BP!

Being young will present challenges in a field where experience is highly valued not just with lenders.

@John McKeeHi John, I can give a brief high level overview.A Delaware Statutory Trust (DST) is a passive investment vehicle that is generally used for real estate investing.

We meet twice a month: once to vet a passive investment together, and once to bring in an outside expert to present on their area of expertise. 

They have a present value of around 10% of whatever you put into them...Melanie:I was responding to the original post. 

All our data was well-organized and cleanly presented (no dropping off boxes of unorganized documents in their lap).  

It's essential to present your own lease agreement.

So, that you can do it all over again when the next deal presents itself.