Jacobs: Primary reason to place all rental property into a limited liability entity is to protect your assets from tenant-related liability. 

That said, I am relatively new to this, and if there is something I am overlooking, please tell me.

I used to work in the area, not personally investing there, but I have helped handfuls of investors secure financing in Dutchess and Ulster counties, I do know it’s seeing some heightened interest from investors due to its proximity to the ever-expanding NYC and relatively lower property prices compared to alternative areas.

The fee should be relatively small compared to the investment in a meaningful direct mail campaign.You may also want to chat with a few title companies about what kind of transactions they'd be comfortable with.

This way, you will know when users have questions or are looking to learn more about topics related to your business.

As a single-member LLC, the IRS considers it a disregarded entity, meaning the income, expenses, and other tax-related items will still be reported on your personal tax return via Schedule E.

Could save a lot of trouble and be accomplished relatively easily.

Asset management, though closely related to real estate, is typically considered more strategic and financial in nature rather than direct involvement in day-to-day property operations.

@Kristjan MeitzFor out-of-state properties, a property management company is recommended for tenant relations, repairs, rent collection, and compliance with local landlord laws.

Also, check out The Real Estate Jam too if you want a new real estate investing related podcast!