Hi, I'm looking into potentially putting a couple of rental properties into an LLC, more from a liability standpoint than anything else.

I just read a new ranking of market ratings and I was not a fan seeing MN ranked 99.9 out of 100 potential score.

I worked for a property management company that requires all potential tenants to check into the main office prior to showing as a means to provide a safe showing for the employees.

Not to find deals on the MLS but to potentially use the MLS as a tool to sell your deals.

You will have to gather more accurate operating costs (vacancy loss, taxes, utilities, insurance, mgmt fees, maintenance, HOA) to best determine potential future performance.

If you put down an earnest deposit, you might lose out on that if you decide to back out(potentially). look at the agreement.The more important thing is, do you quality for conventional financing?

Greenock Financials 2018 2021 Revenue $‎60,030 $‎64,640 Gross Potential Rent $‎62,400 $‎67,200 Avg.

A good GC will have their own contract for you to review and you could potentially negotiate from there to see if you can figure out what works for both of you. 

When you do a traditional 1031 exchange you have 45 day identification period, to provide a list of potential replacement properties and 180 days to close on a replacement.

Vet potential partners carefully and aim for relationships that can grow with your portfolio.In this higher interest rate environment, focus on cash flow and creative financing options like the HomeStyle rehab loan or seller financing.