But for straightforward setups, you can actually form an LLC directly on the PA Department of State website yourself, and it’s very cost-effective.For larger portfolios or more complex structures, some investors prefer going through a real estate attorney to ensure their LLC is set up to maximize tax benefits and liability protection.

Otherwise you can break the limited liability benefit (if operating as a LLE).

I work on both the loan and the realtor side so let me know if I can be of benefit to you. 

If you know the bones of the transaction, it will definitely benefit your investing career.

This was a relatively stupid professional tenant, thankfully, as the idiot has appeared under two different names in front of the local district magistrate over the years.

If so you should have a somewhat good understanding of what neighborhoods do and don’t have potential, start with the best neighborhood you can afford find the worst property in that neighborhood, that way you know you’re buying in a place where the economy is at least relatively stable and appreciation will be more likely!

While my insurance charges are relatively low each year given this is a condo, I learned to better assess who is behind budget planning at the HOA level for all of the units for roof, cleaning costs, basement improvements (shared by all units), given this was run well by one individual.

I'm interested in advice about my relative price and about the pace at which to drop it.

With a 0% down VA loan and now a property value of $650K (+) we have refinanced a few times to get locked into a 2.25% sometime in 2021 and are now enjoying all the benefits of dealing with some long distance property management.

And 0% deduction on expenses related to the live in unit.