But, as was mentioned in an earlier post, that's what BP is, an entire community of people interested in the business of real estate in one way or another, supporting each other in our endeavors. 

Additionally, I’d appreciate any insights into the pros and cons of embarking on this endeavor.

An annoying fee, yes, and eats into cash flow and profits which is why you likely started on this endeavor, but the lengths people go to try to avoid what is, in the end, only $800 seems excessive sometimes.So, we don't have all of the facts or copies of any documents here, but generally, a trust only governs any assets that it owns. 

Not every endeavor in life will be a massive success but not trying you will always wonder what if.The first million I made was very hard and a lot of sacrifice.

And finally, do you recommend a fix and flip as our first REI endeavor?

So, we are segregating off our rental endeavors to a single LLC to protect our other operations. 

People would say things like cash flow, seller financing, Self-Directed IRA, etc. and my eyes would glaze over.RTR Academy starts at a basic level and builds you up to where you need to be for a successful endeavor into real estate. 

There's so much success to be had for everyone who takes on this endeavor seriously.

It's a program that helps/teaches you how to access business credit to fund your business endeavors.

Best of luck with your closing tomorrow and your future endeavors in real estate investing!