The LLC doesn't actually own the asset and most real estate lawsuits involve the actual property, so I'm unsure that it's providing you protection. 

.- Legal and Tax Implications: This strategy involves intricate legal and tax details.

I currently have around 20k cash for a down payment and that is steadily increasing so I want to pull the trigger soon.I'm interested in Fort Wayne for a few reasons:- I have some family in the area (they won't be involved, but have some general knowledge of the area)- Decent schools- Low crime- Airport- Low pricesAny advice or connections are welcome as I am completely new to this.

Quote from @Jerry Zhang: Hi,I spoke with a multifamily seller recently, and he told me that he was involved in a class action lawsuit with Pace Morby with the nature of it seemingly around the Sub-to deals he structures.

Could you send me your email (feel free to format it like “name [at] domain [dot] com” to avoid filters), and I’ll send you the link directly.Also, I’d love to hear more about your background:How long you’ve been in property managementIf you’re currently involved in multifamily investments or looking to expand into that spaceWhether you’re exploring tools for your own portfolio or considering something broaderLooking forward to hearing more and seeing if there’s a fit!

It's best to have a property manager involved because they usually know the rules etc.

For the past 8 years I have been involved in college athletics.

Hi everyone, I've been involved in investment real estate and am transitioning into raising capital for real estate funds.

Hey @Keirsha Evans are you a licensed agent looking to get involved in the forums? 

If an attorney needs to get involved i currently don't have one, can anyone recommend one in the Houston area if need be?