hi all,i am hoping for some guidance. i know ultimately i need to speak to a knowledgeable asset protection attorney, which i am in the process of finding, but until i sort that meeting out i wanted some opinions on the matter. basically, i have an llc (that i am realizing now, may be "generic" vs. a real estate oriented one...the work of a half-@$$ed RE attny) that has 2 managing members (50% each). i set up the llc a week or two after purchasing the rental property (through a personal mortgage loan), and made sure to register myself as a landlord in the city, etc (i.e. followed the city's landlord rules to a T). well, after doing a lot more research and learning (from this site and other places) i found out that my llc may not be structured correctly and that my personal registration info (address, etc) is probably publicly available in city records. i want to correct this situation as soon as possible. i take my personal privacy very seriously, and now that i am getting a better understanding of the implications of the structure my unhelpful RE attny setup for me, i am extremely stressed and disappointed. so my question(s) are:- should i dissolve the current llc and recreate a new one (this time using RE LLC paperwork)?

Some will do 75% of the after repair value(ARV), some will do up to 80%..typically won't find much better then this on cash out refi.So scenario in very generic form:After repair value is $100,000Pay $50,000Repair + misc $25,000Total invested $75,000.Cash out refi at 75% is $75,000 so you would break even but control a newly rehabbed property.Cash out refi at 80% is $80,000 so you'd get an additional $5,000 out of property and control a newly rehabbed property(although loan amount is obviously 5k higher)

It is clear that the person who the case was escalated to did not review or put any thought into the chat and simply responded with a generic response that provides to value or remote resolution to the issue. 

There is no generic profit margin, it depends on the deal you find.

But in generic terms, I push to draw out my original investment dollars while keeping cash flow positive. 

As simple and generic as some of them are, those are usually the most important ones.

(caveat with that, one can only be generically informational without running afoul of self promotion rules.

The knowledge you gain from seminars, podcasts, books, or websites are generic.

It is easier to do what you (generic "you") are comfortable with.

Don't pay $$$'s on some generic national class.