I have about $60K in 401(K) accounts and approximately $100K in equity in my home.

So to that end even though I think of myself as private I am in the business so I am a HML  the other folks posting on this site are all HML.. to me a PML is just that someone who is private and NOT in the business they they do a few deals out of their IRA for solo k a year and generally to people they know..

Quote from @Steve K.: Echoing the above question.

Quote from @Michael K Gallagher: @Jonathan Greene this is very true. 

Make sure you have cash reserves for 6 months , steady w2 job if things go south and do not plan unnecessary big ticket items until you stabilizeI have known people start with 40 k and used it to fund flips and work their way up and get Business Line Of Credit for 200 K in 2 years and after that of course it is very easy

Quote from @Connie K.: Has anyone transferred a rental from a LLc in one state to an LLC in another state?

@Steve K.

You can get significant savings for legal and compliance costs in addition to providing one PPM and one K-1 to your investors regardless of how many deals they invest in. 

Congrats on a great profit @Janelle K.

@Carrie K.