I always enjoy reading LLC posts as it is something I have struggled with.

Things have changed considerably since Lonnie wrote his book, and Lonnie Dealers all over the country are struggling to either band together to form finance companies in some states, to hiring outside firms to originate loans for them in others.

I'm really just struggling with the differences on the asset protection side.

I'm on my second rental property, but I've always struggle with the background check.

Glad to hear it :) I tend to struggle with the do/buy decision sometimes!

Brian it just depends on the tenants.I do small increases but not too large.If the tenant has lived their awhile I have to weigh going up 20 bucks a month for 240 extra a year versus them moving,losing a months worth of rent (840) and then putting about 1,000 or more in new carpet paint and repairs.So at 240 extra a year it would take me about 9 years to recoup that money on the unit.It also depends on if you plan holding it that long or not.In my area tenants are barely getting by and lay-offs are happening every month to some.I think right now at least for my area isn't the time to push rent increases strong.I know what you are saying about landlords not increasing the rent for years and years.Some just want full and not deal with the headache anymore.They would rather have full and paying than charge higher rates and have more turnover and struggling from the tenants and more accounting to keep up with at multiple payments per month to pay the total rent.I believe as long as you are close to market rent but under by just a little you are not losing that much.It also depends on how cheap you bought the property.Some buy really cheap and cash flow like a monster because they purchased so low even though below market rents.

This is where I am having a struggle.

Him & I were struggling tonight whether to go with the advanced training or not.

Not saying it can't be done, but I know I would struggle hard, if not even fail on some deals, with it because I have a job to attend to as well.

You may be right that just doing the financing side is the way to go, at least while I am too busy to be involved.J, the part that I am struggling with is taking 2 transactions and melding them into one.