Quote from @Dennis Knapp: Investment Info:Small multi-family (2-4 units) buy & hold investment.

I only hold decent properties in nice areas, modern construction, etc.

These days, I am mostly a buy-and-hold investor in South Louisiana with a portfolio also in South Mississippi.

The rates and market have made San Diego a tough buy and hold market.  

Again, I like the idea of a new fourplex, it just seems like you’re glossing over alternatives/possible problems. 1) You say you want to hold for cash flow instead of taking $120k cash by selling as soon as it’s built.

It also depends on whether your next purchase is a rehab, turn key, flip or hold.

Quote from @Mark Pedroza: Quote from @Sergey Tkachev: Quote from @Mark Pedroza: A warm welcome @Shannon Bloomfield@Sergey Tkachev holds a monthly meetup in W Sacramento the third Thursday of every month.It may be a drive for you from where your located but maybe I'll see you there ....Warm regards.... 

I realize that the unknown fears are what holds many people back in the landlording realm.

The answer is always no.LLCs are overhyped, especially for people starting out with buy and hold and are not even running a real "business" (yet). 

1. overestimate ARV2. underestimate repair costs3. trusting contractors4. doing anything DIY or without permits5. not counting holding costs, especially with hard moneyThose are five common ones.