It is not uncommon for Boards, driven by the desire to keep their own monthly fees low, and with complete disregard for what is actually in the best interest of ALL of the Owners, to "adjust" the monthly fees to their liking at budget time, in a completely arbitrary manner, for many years...until they have no choice but a Special Assessment or big loan to make badly needed repairs.

One in personal name, others in disregarded LLCs.

Each of my LLCs will be treated as a disregarded entity for tax purposes so I do not have to file taxes for each but instead do a single tax for all the investment properties (there will be some exceptions though).

Originally I was thinking 2 member( me & my wife) LLC as disregarded entity.

Basically your single member LLC is a disregarded entity and means very little for most people.

I am sure many people disregard it, just was wondering.Appreciate any replies!

Property Manager - (disregard if self managing)3.

You have to have stayed in a property for months and months without paying rent while the court proceedings are taking place and to me that just demonstrates a blatant disregard for you as the landlord.

It's not the most complicated subject in the world, but if you disregard the importance of educating yourself, familiarizing yourself with your local real estate market, and possibly finding a real estate coach -- or at the minimum an experienced investor that can show you the ropes -- you can lose a ton of money in no time.Real estate investing is the best way to lay a solid foundation for your future, but if build your career on sand you'll sink your chances of reaching your dreams.Good luck with your plans!

Disregard most of the advice in the thread lol.What you will want to do is go into contract on the property.