Are investors just looking to develop relationships with their private lenders and hard money lenders for larger rehab projects down the road?

Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.

You think they are going to create an option of "I'm stuck in my relationship and not filing for divorce cause financially we're screwed."

In my role as Senior Loan Analyst, Joseph is eager to cultivate strong business relationships with investors.

I've done my fair share of research, but I believe that having someone experienced to bounce ideas off of and receive feedback from would significantly accelerate my learning curve.I understand that relationships aren't one-sided, and I'm more than willing to contribute and assist in any way I can whether it's lending a hand with your projects, sharing resources, or simply providing updates on my progress.

A summary of my relationship with Ohio Cashflow: I live in Japan.

From there make a concerted effort to network and build relationships with industry professionals.

The more established borrowers with a track record likely have their banking relationships in place so how to you earn their business?

@Daniel Barad do you have a good relationship with a real estate agent?

Provide Ample Notice: Regardless of legal minimums, giving your tenants more notice than required can help maintain a good relationship and give them ample time to find new housing.4.