Fannie Mae (the Federal National Mortgage Association) and Freddie Mac (the Federal Home Loan Mortgage Corporation) are two government-sponsored enterprises (GSEs), established in 1938 and 1970, respectively.

The idea would be to continue to scale in the same market with an established 'core four' team. 

That is why a lot builders buy a few of their own homes and pay "all cash" after they are built to establish sold comps and set the market.If you have any questions feel free to reach out it can be tough trying to figure out the first few steps and what is required.

Shelf LLCs are pre-established entities like you mentioned in your post.However, if you prefer to avoid setting up shelf LLCs, using land trusts can be a simple and effective alternative.

Establishing the LLC in IL first does not provide any additional benefits in this scenario.

😂😂😂I trust that this will motivate you to pursue your aspirations, establish objectives, and dominate the field of syndication

My opinion is a SFR in an established area will help you keep occupancy up and also gives the better opportunity to sell later.

Many of these properties are undervalued and can provide great returns once you establish solid tenants.I'd be happy to guide you through your options, whether you're interested in house hacking or building an investment portfolio. 

obviously that can get pricey and is why joining a team or established brokerage can be so helpful.I was lucky enough to have a family connection that is an established boutique commercial broker, and he was in his own words "drowning" and needed help. 

How do you know which bank/banker to establish a relationship with?