I spent countless hours trying to figure out the best way to invest my money to 1. keep myself from spending it and 2. grow my money.

Around here there are countless people that have basic construction knowledge but aren't full contractors, if that makes sense.Don't be afraid to just bring someone in and get them going and see what they accomplish, you'll do better money wise than the yahoos out there What are the risk/ramifications of having someone screw something up? 

Not frugal.Given how many new investors are out there working through this scenario, i'm putting this post out there to let others track our progress through this process and *hopefully* provide insight for other who either 1) haven't created a REI business entity yet, or 2) plan to take an investment property loan from a big bank for their next acquisition, and eventually want to transfer it to a business entity.After reading countless articles, REI books and forum posts on this topic, we decided to take the soundest-sounding advice: Communicate openly with the lender and ask for permission, in writing, to transfer the property into an LLC.Below, i've broken down the timeline and key events in the mini-saga thus far.

Hi Everyone,I've read countless threads on deal structuring and how it's an artform, not a science.  

Estelle,Big Yellow Taxi may have been sung by Carly Simon - and countless others -  but it was written and made famous by {Canadian} Joni Mitchell.

(unless of course you have a lot of knowledge I am just assuming this).Regardless if you get a good CPA he will keep you in check. i work with lots of different partners and have formed countless LLCs and its super important to keep the books clean.

Not wanting to jump in before knowing what I was doing, I read about 30+ books, listened to every BP podcast, read countless posts and blogs, and joined our local Madison REIA. 

Hard money gets very expensive quickly and if you get into any serious delays with your project, it could quickly eat up all your profits.There are countless items about HMLs throughout BP and of course, the dedicated forum for all kinds of creative deal financing.Good luck with your deals!

I've also spent countless hours at many court houses gathering information and then not knowing what to do with it.

After speaking with countless agents, investors and contractors in my area, I found a mentor to help me take the plunge.