@Otis Clayton To partner in real estate effectively, establish a clear structure like an LLC for liability protection or a Joint Venture for single projects.

And boom you buy a lot for the price of a single lot and with some simple forms to the city you get to re establish the old lots..

In your opinion, what is the most effective way to establish an LLC? 

It's not a get rich quick scheme, it's a lot of active work and I would have 5 yrs in my head at a minimum before you truly become established and stabilized. 

Trusting a GC can work if you thoroughly vet them, use a detailed contract with clear milestones, and establish systems for accountability.

Additionally:Is there a specific state where it makes more sense to establish the holding company (now that anonymity in states like WY or DE isn’t the focus)?

ONe flip I financed for them in Winter Park CO. my client made 120 k on it in 45 days with NONE of their own money I funded 100% which is what I do for my very good established clients. 4.

I invest out of state in Pittsburgh from DC and self-manage everything, but it's taken me years to establish the right contacts, develop seamless processes etc. that allow me to handle everything remotely with confidence.

- regional / drivable destination (I've personally rented out a bunch of Airbnbs here)- already established STR laws (while very strict, they have shown to grandfather in permits and haven't proposed a flat out ban that would also retroactively take away permits)- Fredericksburg also fights new hotels just as hard as STRs.

Establishing an in-house servicing operation is a natural complement to the company’s core business purchasing and repositioning past due residential loans.