Our experience in renovating and selling homes, coupled with our individual professional backgrounds, gives us confidence in our ability to succeed in this new endeavor.

Build your network of individuals with access to information and contacts of interest - BP Local meetups provide good networking opportunities.To go a step further, you can find your own properties.

This limits the amount of $ I can qualify for individually.

Scheduling the individual trades persons ie. plumbers, electricians and ect. is best when you have a full day of work for each trade.

Most of us would not.... but this individual is fine with it all.... it is a completely different set of ethics (or absecence thereof) in which they operate by, it would be a fallacy think that your verbal agreement when you met with him will be honored, have any of these above questions been honored so far?... 

In terms of taking on more liability, it boils down to what insurance will be less expensive and looking at what we are having to pay through the HOA (for insuring the aggregate of all units), it will likely be cheaper for owners to purchase individual HO3 policies to cover their units (as townhouses) as the carriers would not be taking on the risk of the entire $100M+ in aggregate replacement value, and the owners can take out policies for individual units with a whole range of carriers vs the HOA trying to get coverage through the secondary market.  

.) - if there was perfect information easily available to everyone - no individual mom and pop investor would ever have a chance at real estate investing returns at all...

I know LLCs can be used to invest in real estate, but I also read that someone created a leasing company to sublet the individuals personal real estate to the tenants with the actual owner having no liability since their leasing company LLC is the one responsible.This had me wondering how best to use an LLC, and I hope to hear from many of you to better understand how the LLC process works in the real estate world.

I thoroughly enjoyed his recent case study he did with an individual who supposedly took his training/mentorship: https://www.commercialproperty...What I liked about that case study was that the mentee allegedly bought 7 units and then 66 units, in about 9 months (from scratch), and at the time of the interview, she was in contract to close on an additional 241 units soon.

Even though you may have a close relationship with this individual, everything you've just described sounds like a perfect opportunity to be taken advantage of.