I recently paid $50K for access to a “tribe” where I, as a complete newb with no relevant industry experience at all, was taught to stand up a webpage touting the benefits of multifamily and then come and start posting here.I was taught to attempt to attract money from people like you who have recently come into a large pile of wealth and have no plan whatsoever.What I will do is take your money, and give it to this random other person in my $50K mentorship program who also has basically no experience raising and deploying capital.When I give them $100K I have raised from you, I will be given a 10% finders fee of $10K.

A Phase II is generally more involved than a Phase I. A

(These are tenants who have been behind on rent for most of their tenancy, and I a have a feeling if I give them a 60 day notice, they will dip and I will never see the rest of the rent.) 

I live in Iowa and I'm seeing nothing on the web for my state. 

However, had I a more liquid investment like a divident fund or S&P 500, I could not only pull out some in dividens, but I could pull out 250k in principal as well very easily and quickly.

Hence no need for state filing there.Looking at the state tax rates, I don’t think I will now invest in CA, OR, ID, MN, WI, IA, NY, NJ, ME, DC.

Do I as a owner of the LLC take money out of the business on a monthly basis from the rent these properties make and pay the mortgage as before?

Nice Nice, I cant speak for FL but Houston and Iowa is where i'm most comfortable so if you have any questions let me know, Also Do you have a multi family list you have.

Give a man a fish he eats for a day        Teach a man to fish he eats for a lifetime

We have 5 STRs in Iowa (where I am currently)