I have consistently made annual ROI of 58.44% on my investments with him.

Assuming about $1000 for insurance and 10% gross rents for management, the property only cash flows $900 a year without any CAPEX or vacancy losses...because annualized utilities for this year will be $9500. 

In Texas, it doesn't cost extra to make a series LLC when you form it or renew it annually (in Texas we don't even have renewal fees).

Hey Liz, John Wolf is pretty good.

I have come across a deal that is a 13 unit apartment and the rent roll is $6,615 a month X12 ($79,380 annually).  

And once you have a proven track record, you may be able to work with a local bank to get a business LOC or some other type of loan to fund your projects at even better rates than 8%. you can I have a flip line that is 6.5 % on drawn funds and a 1 point annual fee.. do as many deals with that 1 million line I can a year..but some years I never touch it like this year.. just sat there.. so I paid 10k for nothing..

However, I am seeing more municipalities / school boards annually review larger properties (>$1mm) titles for any changes and will reassess based on what they dig up. 

I am thinking about scrapping the CA LLC due to the high yearly ($800) annual tax amongst other things. 

What I mean is - our annual household income suddenly increased overnight.

Generally I use 50bps (0.005) of purchase price as a general rule of thumb for annual premium.