But if any of them ar sellers, they are also buyers, zero inventory creation. 

JOB creation is high, unemployment is low, Chicoagans are moving to Indy:The city's strong economy, fueled by industries like technology, healthcare, finance, and manufacturing, creates a robust job market.

You can absolutely have a lawyer draw all this up for you, but there are companies that specialize in nothing but LLC creation, usually for a lot less.

This is a wonderful place of support, knowledge, creation of ideas and so much more!

Just trying to make sure I don't get ripped off in the creation of the LLCs.

If you can get a 4 unit and a basement, that would be ideal and create major cash flow and equity creation, plus you can not worry about a property manager and boost your yield.

How can I better position myself for wealth creation and/or FI with the cards that are available?

Repairs and improvements after that date can be expensed or depreciated based on the type of item and it's useable life, in accordance with IRS guidelines.Start-up costs are completely different...Excerpt from the Small Business Administration website:"The IRS defines “start-up costs” as deductible capital expenses that are used to pay for:1) The cost of “investigating the creation or acquisition of an active trade or business.”This includes costs incurred for surveying markets, product analysis, labor supply, visiting potential business locations and similar expenditures.2) The cost of getting a business ready to operate (before you open your doors or start generating income).

Stocks belong in any portfolio for long term wealth creation.

Debtor must clearly phrase their request to obtain: the source of a debt and the amount a bad debt buyer paid for plaintiff’s debt; how amount sought was calculated; where in issue a list of reports to credit bureaus; and documents conferring authority on third party to collect debt.Documentation of the creation of the debt with your collection agency.Under FDCPA Section 809 (b), you are not allowed to pursue collection activity until the debt is validated.