This log should include:•The date of activity•The property worked on•Specific activities performedExamples of activities that typically count include approving tenants, setting lease terms, handling repairs, and other hands-on operational tasks directly related to managing the property.

However, this depends on your lender's specific loan terms, as some treat LLC transfers differently.

Ultimately, it depends on each investor’s risk tolerance.

I respect your many years of experience Jay but want to bring some perspective from the other side of the table.In a corporate office which is running 10, 20 or even 50 projects at once (depending on the firm size), what is the benefit for the Architect to drop their other projects to jump on yours quicker?

If you live in California, the FTB still wants its $800 per LLC, no matter where your properties are.Question B:When it comes to setting up an LLC, here are three common approaches:1.DIY Approach:In most states, you can set up an LLC yourself for less than $100 in filing fees, depending on the state.

House hacking cash flow increases depending on how little space you can live in for a year (or more).I can't speak to Minneapolis inventory directly, but multi inventory is low in a lot of places.

Just depends on your risk tolerance with the fixed or variable rate preference and which makes more sense for cash flow. 

I'm all about efficiency because i hate having to do repeated tasks, but tasks that now AI can do.

It just depends on which strategy makes better sense to you (similar to buy/sell vs.  

LOC's can have negative effects on your future purchasing power if not set up correctly and keeping in mind you can "never" use an LOC as a reserve or asset.It will always be a debt burden and can over inflate your back end debt ratios depending on the W2 income and your liabilities.