Hiring a local real estate attorney or working with a knowledgeable agent is recommended to ensure compliance and protect your investment.3.

Some are led by seasoned investors with a wealth of knowledge, while others may be run by people with minimal experience.

They’ve taken payments for premiums and not bound the policies, and let the policies lapse without my knowledge.  

It’s crucial to have local market knowledge or work with someone who does.

As a licensed Real Estate Broker in Maine, I managed the acquisition and renovation of 1272 Lakins Rd, Etna, leveraging my expertise and industry knowledge.

A knowledgeable attorney can advise here.Create a solid operating agreement: Since you own the condo with a friend, a clear operating agreement is essential to outline responsibilities, decision-making, and profit-sharing for the LLC.To save on costs:Look for real estate attorneys who specialize in investment properties and might offer package deals for the retitling, operating agreement, and filing the LLC.Shop around for title companies that can handle the transfer smoothly and provide competitive rates.Research DIY options for setting up the LLC if your situation is straightforward, though I’d still recommend a lawyer for the transfer process itself.Good luck with the process!

Will look into seller concessions and gift funds to get better knowledge. 

For that kind of money you should have detailed knowledge of whatever business you plan to do with it.

 I have no personal knowledge about either of these gentlemen but have been around the Paid for training for years and years.. both as student and invited Vendor to events.I think in a nut shell many of these give the student the push they need and the confidence they need to move forward.Although in the MFR realm this is not a Guru how to make money with no money..

They will have better knowledge of what you need and how to do it then just finding one on the internet.