I can walk you through one of our recent Equity Splits so that you can understand the process. 

If you are taking out a conventional mortgage of any kind, you can't buy in the LLC as it does not have two years of tax returns.You are also asking if an entire state is good to buy multifamily, which means you are too soon in the process to even talk about buying.

I can't speak to the condo conversion process in your municipality this is something to weigh as well.

For first flips better to start with a  small cosmetic rehab  until you get to know the process and the team well.

Became a real estate agent after I fell in love with home ownership processes and out of love with my 9-5.

If your current deposit already equals one month's rent, you can't request additional funds.Keep the lines of communication open with your tenants, explain the process clearly, and you'll avoid any misunderstandings.Good luck!

What was your process to lock in on that market? 

I like Texas for the economic outlook and less natural disasters but I may be biased!

Since getting started we have learned a lot and have built quite a few systems and processes to increase efficiency and maintain consistency within our business. 

Make sure you understand exactly what they want to see and when, all through the build process.