Also, if you're reading a good book and it mentions a U.S. law, or custom, maybe just make a mental note that it may be different near you....then ask other investors what their thoughts are....The networking will do more for you than you can imagine!!! 

However, by no stretch of the imagination do I think I know it all or an expert.

Keep paying and I can’t imagine anyone will ever notice.

I can’t imagine a traditional lender allowing you to change the holder from you to an LLC.

I did it in my market- could not imagine starting any other way “alone.”

For me I wouldn’t of been able to spend the time teaching each deal to my investors and be able to work effectively when I have others I teach as well as I’m sure you can imagine.

@Benny Gelbendorf The roof and gutters would be around $1000 (fix top few rows of brick on chimney, replace pipe boots, split boot on electric meter mast, new gutters & downs, maybe gutter guards on some areas)The mold I do not know, I would imagine in the $1000 range, but would need an inspection from a mold expert.I am an exterior contractor and my partner is a handyman/general contractor.

:) Thank you BP for your amazing knowledge and willingness to pour into other people's life!

The only thing that keeps me investing in Detroit (buy and hold and also flips) besides travellIng every month is that I have the more trusteable and loyal local team I can ever imagined.

ALL of my initial cash has been pulled out all of my purchase AND as you can imagine they cash flow very well...