. - The distance partner takes care of speaking with sellers/buyers, finding tenets, screening tenets, creation of leases & other contracts, finding financing, etc....

and Create additional LLC's for each 2-3 properties.2) Create California LLC to be the Holding LLC for the Indinapolis properties ( Pay initial LLC creation costs and yearly $800 fees) Any advice would be appreciated.

Cost of creation?

I had the pleasure of having coffee this morning with Two Investors who own a Park in North Carolina but hey Live in California.  They created their entity in California which I was a little thrown off by.  To the inv...

Similarly to how you think about improvements to a house and the tradeoffs to rent/value creation down the road, there is a risk/reward you need to balance with the legal piece to this investment vehicle.

I did the research to identify a city with great growth potential, job creation,  affordable homes among many other things.

Are you looking for entity creation?

As an exercise in mindset, networking, and value creation I would love to hear the problems YOU, as a real estate professional, are facing in the market today.

You don't have to lease from Xerox or IBM, just keep accurate paperwork, write checks and document the transaction.Buying real estate is a tremendous boon to wealth creation.

I normally look at crime rates, municipal investment into said area, employer stability/job creation/income, education, and business growth.But, I do question whether I'm going overkill sometimes.