How will the Fed react to the U.S. economy creating 818,000 fewer jobs than originally reported from March 2023 through March 2024? 1) Significant Rate Decrease2) Minimal Rate Decrease3) Keep Rates Steady

Most attorneys will guide you away from them, but there are a few more sophisticated investing attorneys that understand the process.

I just wear so many hats...for example...I do the advertising, selling, hiring, firing, scheduling, payroll, taxes, product research, price negotiation, inspections, insurance meetings, insurance write ups, bank meetings, draw requests, and when I need to I can pick up any tool on any project and do the work better than the lead guy on the crew.

It also requires gaining a level of sophistication and knowledge that not everyone has the time, inclination or ability to do.

If the attorney recommends a set up that involves more than one LLC, get on the phone with your tax person and find out how much that is going to cost you for the tax returns, K 1 forms, payroll processing, etc...

S-Corp's requires a payroll which can be a PITA to comply with compared to owners draw, or distributions.

G'Day Alejandro,As a few have already mentioned, take a peak at Toledo also.In my opinion lower potential for long term appreciation but solid/"boring" cashflow.I prefer my portfolio to be "boring" but cashflowing lolLow entry points (Sub $100,000), high rents (Above the 1% rule).Blue collar working class decent folks that will stay and pay.Depending on the area but no derelict homes, yards well kept, cars with wheels and all tenants are employed.Plus, all are sophisticated enough to pay rent online so property management doesn't have to collect rents with bullet proof vests and shot guns lolI'm bias toward Toledo but it's worth considering.Wishing you much success

These include traditional rehabs to sophisticated market specific value adds.

The cost of changing a light bulb is quite a bit more when you factor in travel time to get across town, vehicle cost, a qualified person on payroll with benefits, overhead cost for the office to deploy that person.

In my experience it just indicates people who probably grew up in a family where they were not sophisticated with money.