Is it better to have a job or business that is doing well, then funnel the money into larger projects, if my desire is to be one of the main GP for like 33-100 unit multifamily projects?

He's an investor himself and recently left his role as partner at the largest firm in the area to start his own company.

My name is Paul Hearn, and I am a new real estate agent in the Memphis area with a burning desire to work with investors that are wanting to grow their portfolios in Memphis and the surrounding areas.

Class A apartments have numerous amenities, professional management, and sit in desirable neighborhoods.

Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.

So I get your hesitation to be too demanding and your desire for the problems to go away as fast as they can, however since you have NO property manager ( I don't use one either), it is incumbent that you take a more ACTIVE approach with management of your property.Let's review your situation.  1st time leak occurred, you sent a plumber over to find the problem.  

Second link is a similar size, albeit 10 year older home, in Setagaya Ward (a very desirable neighborhood), but still "only $1.2M. https://www.homes.co.jp/kodate...https://www.homes.co.jp/kodate...(2) Age. 

If you have no desire or ability to go to your own hundreds of thousands dollar investment, why even deal with it?

If you ever have the desire to sell please let me know, Best of luck! 

We have an insurance policy on the rental house (through State Farm), that includes a personal liability section, which is essentially equal to our current net worth.Given that a tenant could sue for more than this if an accident occurred, we are thinking about adding either LLC or an umbrella policy (or both) as extra protection.Any advice on which way to go, and if LLC, any recommendations for a law firm or company the Indianapolis area?