Quote from @Mark Pedroza: Quote from @Sergey Tkachev: Quote from @Mark Pedroza: A warm welcome @Shannon Bloomfield@Sergey Tkachev holds a monthly meetup in W Sacramento the third Thursday of every month.It may be a drive for you from where your located but maybe I'll see you there ....Warm regards.... 

Especially if you plan to hold onto this property. 

The answer is always no.LLCs are overhyped, especially for people starting out with buy and hold and are not even running a real "business" (yet). 

I realize that the unknown fears are what holds many people back in the landlording realm.

1. overestimate ARV2. underestimate repair costs3. trusting contractors4. doing anything DIY or without permits5. not counting holding costs, especially with hard moneyThose are five common ones.

If you can afford the 6.1% rate for  2025i’d hold until at least April. 

Every month of lost rent while holding out for a few extra dollars only puts you behind in the long run.

First thing to consider is what was the original foundation design and can it hold a second story to a home.

Certainly not trying to leave my job today, but someday.Current: I am sole income of our house hold.

Investment Info:Single-family residence buy & hold investment.