It's a disregarded entity, so makes sense to be a NJ entity, and NJ is among the easiest states to form and maintain an LLC. 

Jim, disregard my last post, I misread your response initially and now realize what you were saying about the expected changes.

I am not sure what all the calculators take into account but often they disregard the tax benefits, debt paydown, potential appreciation, and the value of getting some experience landlording.      

I don't want to disregard my agent altogether, but I know he's busy.

Rinse and repeat (I think that's the term, disregard if it's wrong).

Disregard if you're already doing this :-).Best,Kurt 

Then there is the question of if you are currently a disregarded entity or not... lots for you to think about, and maybe run by a competent financial or tax person. 

Technically, mine is a single-member LLC, therefore the IRS considers it a "disregarded entity" and this step is superfluous at this point.- I then contacted the registered agent of my choosing and gave them the LLC information and EIN.- I then contacted my bank and created a business account in the name of the LLC with the EIN and transferred funds into that account.- Now, I can buy real estate (actually, I could have done this all along), but due to the "disregarded entity" status of my single-member LLC, the loans will be issued to in my personal name based on my  personal credit score and my personal debt-to-income ratio, etc, in part because my company has no credit score of its own yet, and won't for years to come.At some point, you can quit-claim the property into your business' name, but be aware that most mortgages have a due-on-sale clause so that by making that "sale" (effectively selling the property to yourself) your bank may require payment in full.  

@Alfred Litton, assuming your LLC is disregarded for tax purposes (which most are) then you have to pay the taxes regardless of whether you pull the money out or not.

If not, disregard my previous statement and know that I was just testing you lolAlso, if you upgrade to pro (pretty sure it's only for Pro members), you can use the "Find Members" tool here on BP.