Benefits of an LLC: Forming an LLC can help separate your personal assets from your rental properties, providing an extra layer of liability protection.

Hi Nicholas,if I invest out of state, I will probably have a property management company manage the property for me.

You'll have the Parent or Master LLC and then each property can be held or titled to the different Series LLCs you form.

If the returns are so good I would assume they could target higher net worth individuals, and the fact that they cobble together a bunch of beginners $50k investments is a red flag for me.3.

It's been worth it for me!  

For example, for me investing out of state, my buy box is 3-4 unit properties.

You can begin with FSBO leads, expired, your personal circle, and 1 form of paid ads.. this is how I began.Hope this helps, All the best!

It's harder for me to take an account with no photo seriously.

I have two friends who own rental properties and they are successful with their properties, I read Rich Dad Poor Dad twice along with Rental Property Investing and Power of Habit, I've been told by multiple people apart of the Baby Boomer and Generation X that they wish they invested in Real Estate at my age, I was a Resident Advisor at my University and I enjoyed that role so some of the skills are transferrable, and lastly this is the best time for me to take a risk.

They were a good starting point for me back in the day.