I have gotten a seller's credit for my 3 existing units but to be conservative, I will assume I am paying full closing costs here.At the moment, I have ~$25k in a HYSA and expect to save another $10k from my W-2 before I start putting offers in.

Hey @Timothy Hero, we have several lenders in our network that offer DSCR on 5+ units.

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!

I now also offer limited service where I do the guest communications, marketing, and pricing. 

Hi everyone,I’m seeking advice on the best strategy to achieve a goal of $5,000/month in passive or active income starting with $200,000.I’m currently considering Texas, but I’m open to other states if they offer better opportunities.

he is offering to bump his offer from 12 and 15% to 14%and 17%.

But given I've paid for snow removal like once ever, I don't know what I should offer someone who is not a "pro" and already has an idea of their rate. 

You pay for what it is... not for what it should be or could be.Later PalRogI did throw out a general offer just to try.

Alta is a little expensive. https://learntitlesearching.com/contactus is 150$ looks like it has a lot to offer.

Educating yourself on how to offer 5-star remote management would be ideal as well!