I know that real estate often takes a lot of capital to get started, and that's something I don't have at this stage.

If I live a busy life and don't have the time or care to invest on my own, but want to put, lets say $200k to work, is a 15% cash flow return reasonable? 

Large down payments or extreme discounts from sellers would be needed to reach cash flow neutral stages. 

Also, I have heard about the benefits of having an LLC set up to manage rental properties but not sure if this is advisable at my stage (e.g., not a lot of properties to manage).

However, the process was extremely cumbersome, communication was inefficient, and the loan fees were inflated compared to other deals I have seen from fellow investors.We will be ready to begin the refinance stage of our next project in the coming days, as renovation is finishing up and we are screening tenants.

It could be possible to still negotiate a purchase depending on the stage of foreclosure it is in. 

Thanks for the care and detail you put into your posts on self storage.

Hello All,My wife and I are in the early stages of our real estate investment journey, and we’ve been focusing on the Memphis market.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

It is a bit painful, but I commit to staging--unwaveringly.