Focus on Cash Flow Early On:While appreciation is the long-term play, as a beginner, I'd recommend focusing on cash-flowing properties to provide you with a safety net and help you ride out any market fluctuations.

I personally dont know where title insurance comes into play with these either if your not recording a debt instrument and then getting a lenders Alta

James Wise called you out on ties/ownership in this PM entity, and you played word-salad games trying to pretend had no connections to it. 

So it isn't a complete waste, you would simply need to follow the strict reading of the law with no private clauses for consideration...I'm not sure how that plays out since technically if the lease is void, so is the tenancy meaning you could terminate anytime and not wait for the original lease expiration...I'm sure that's covered somewhere, but again I'd ask my local atty what to do given this is such a locally specific issue. 

Needless to say, I've been scouring for information on YouTube, BiggerPockets, online websites etc.

You could go into NJ (although the cost to play is high in Northern, but the rents can be very nice), or you could bypass and head into PA near Delaware Water Gap and get low taxes and good renter options.

You can find loads of articles, videos, and online courses that'll give you a solid foundation in construction basics.Network and Find a Mentor: Try connecting with people who've been in the game for a while.

The price to get in is obviously TOUGH, but if you have a pile of cash to play with, it's hard to argue with or beat the long term results of the cities with the best job markets and lifestyle (for those who can afford it) in the world.

You can also check their reviews online at Google, Facebook, or Yelp.

You can find templates online, but it’s best to consult an attorney to customize it for your situation.4.