Like most of you, Im a bit of a control freak when it comes to my investments so I self-manage and am in contact with my tenants so this is outside the box for me to allow/need the PM to handle all aspects of this investment due to the distance, but if the numbers are there take advantage of it... right? 

But now I realize that while I was busy learning about analyzing the numbers and what to expect, I didn't learn about the LLC aspect!  

I feel like I've got a pretty good handle on most aspects of rehabbing but I've been having issues finding a reliable company/guy who I can trust, and I'm really not sure what is a good price these days.Thanks in advance.

But if you don't need the speed and the cash aspect, then there's no reason to take out the equity if your going to turn around and refi your new property with another mortgage. 

One aspect I'm reading about is how notes are hard work, entail lots of phone calls, and feels like an being an administrative assistant, but it's unclear in what perspective that's painted.

What i accomplished in February:Started doing the maths on deals in my area and began to familiarise myself with various different aspects RE .Listened to 1 BP podcast a day in work continually learning.Went to the gym 3 day+ each week, (helps me with energy levels and concentration which has a positive knock-on effect on every area of my life)Where I fell shortCould have ran the numbers on more deals Plans for marchView more properties in my area to get a feel for the market.

This applies to all aspects of the business.

Concentrate on those two aspects while also saving up as much cash as possible. 

.- I made the transition from residential to commercial a few years ago and I love it, because of the more passive aspects involved. 

We trust each other and are on the same page with every aspect of this house.