Here are some numbers for you to digest. 1.Form a LLC, I used Legalzoom - $600, I think an attorney in NY will do it for $1,000 - $1,500a.Make LLC complianti.Publication - $500ii.Need operating agreement – additional cost if you have an attorney draft one b.Annual filing with NY state of the LLC, min $25 if no profit.2.Transfer deed to LLCa.For Nassau county, attorney will do it for $1,500b.If you do it yourself, recording fee is $1,0003.Tax seasona.Depends if the LLC is single member or multi members; Multi-member LLC offer better protectioni.Multi-member LLC will require the CPA to file K1s for each member, additional costNow you have your properties in a LLC are you protected?

My goal is to purchase "buy and hold" single and 2-4 unit multi families at first as I feel these have the best initial cash flow and are easier to digest. 

You bring up a lot of points, I read this a few minutes ago and needed a few minutes to digest.

Do they give you a stack of documents or do they make small "cliff notes" that give you all of your required information in easy to digest methods?

I'm also struggling to find a realtor that doesn't speak in 3 word sentences or even wants to meet in person to discuss my goals -- maybe it's just the area, heavy competition, and a lot of "investors" (probably like myself) who spin people's wheels without ever getting really serious.I'm also considering areas like Montclair and Bloomfield because of easy NYC access - they seem like they could be safer with longer term tenants, but I'm not as familiar with the rental markets.I'm reading and digesting as much as possible, getting familiar with terminology/concepts, but I'm struggling in general to get focused and be confident that I'm going about this the right way.  

I am here to digest input for the next year or more, not going anywhere.  

I highly encourage those with even the slightest bit of interest to head on over to their site, dive in and digest as much as you can...you won't regret it!

it's always awesome to hear how a persons path becomes its end result, and how then the best in their respective field can funnel that broad knowledge into digestible bits of education.

Break it down into more "digestible" pieces.  

Personally, though, I take pride in my product and want my apartments to be of a quality where I'd want to live there...not Architectural Digest but durable, classic, and clean.Can you invest in quality and also do well over the long term?