Legal entities are set up for this purpose.  

Clear out that line of credit and finish the apartment and move on to flips and try to focus on short term money and my business because I already have a couple of rentals set up for long term wealth.

Quote from @Rhyse Andrews: @Erin Helle1) try to squeeze in some tutoring sessions for mid terms/finals before schools go on break.2) set up EIN and a business bank account  Love it. #2 won't take long at all (less than 2 hours total) and will set you up nicely for next year!

Hey Jeff,I would suggest getting connected to a solid real estate agent and set up a relationship with a lender asap.

Anybody have a nice profit and loss template set up on excel that lets you plug in your numbers each month? 

Either side can walk away from working together if the parameters for the working relationship are set up and understood upfront.

I am new to this and have been reading and researching.I have a meeting set up with Praxis Capital.Has anyone invested with Praxis Capital and if so just wondering about your experience.Thank you Louis, did you ever invest with Praxis Capital? 

I remember visiting a buddy’s place in Austin years back..he had a similar setup over his detached garage and was convinced that adding a window unit and some carpet would let him count that space towards the home’s total square footage.

Companies have considerable flexibility in choosing where to set up new operations.

If you are talking about NYC investing, that's a different setup, not as streamlined as Westchester.