You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuitsHow familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?

Can anyone recommend software which would accept monthly payments (from me to seller) and create proper 1099 forms for tax purposes at year end? 

They can provide valuable insights.Run the Numbers: Create detailed financial projections for each property you're considering.

This has been true about every technological change in the industry - those who fail or refuse to adapt lose while those who embrace new tech win.

My goal is financial freedom for my family and a life full of giving and serving.

The purchase price will likely be <$500K if that changes anything.- Value add - How much does it cost to build additional storage units?

Prices are a little soft in Memphis at the moment, but I think that will change when interest rates go down some more.

If the pipe is 50 years old and had a life expectancy of 30 years, they're going to argue it was due to lack of care on your part and try to deny the claim. 

Create a bonus structure that gets those managers pumped to perform.