@Joseph HammelSome examples of estate planning I have done with my real estate clients include the use of family limited partnerships to freeze value of estate along with defective grantor trusts; LLCs with preferred interests (similar to debt instrument); sale of membership interests to defective grantor trusts; annual gifting of LLC interests using discounts for lack of marketability and/or lack of control, etc.

Filters are cheaper than replacing gunked up A/C coils sealed inside the furnace.If the resident fails to put in any filter, the coils will gunk up.If the resident just leaves the filter in forever, it gets super dirty and not much air passes, and the coils freeze up and the A/C doesn't work.

This will result in the pipes freezing and causing a lot of damage to the house.Ive left him a text and voicemail about this but have had no response.

:) PS: I am still in the works of building capital so I do have some time, however I would really like to get the LLC constructed to start that credit build, as I am going to be closing on a multifamily with my VA loan and am trying to avoid freezing all my possible credit.

We're interested in out-of-state b/c we currently live in a HCOL area, but want to get started ASAP, which means looking at more affordable markets to start gaining experience.We however consulted our financial advisor a couple times, and have received push back on doing out-of-state real investing for a variety of reasons, including 1) we are currently renting in a HCOL and are saving up for our primary residence buy which is in another HCOL area (LA as want to be closer to our parents when we consider having kids, so this is a bit non-negotiable), which we aim to have enough funds for by end of 2024, 2) we have a fair amount of student debt that we want to aggressively pay off once loan payment freeze ends in 2022.Wanted to share our situation with the forums here and get some feedback.

There aren't many weather related losses in NV compared to the high winds, hail and freezing conditions of MN.

Real estate has high transaction costs - most folks don't realize to buy or sell a property it costs about 10% of the sales price (6% commissions and 4% transaction fees).Real estate is susceptible to harsh weather - during hurricanes, floods and freezes you can have significant property damage.

Then we had a freeze and my pipes busted, and it was a super busy time for me.

but 2010 was not the time.. still mired in deep real estate re treat as we all know at least those of us that had a lot of real estate NOT all markets but many were deeply affected by the 08 to 2012 melt down and credit freeze. 

.- Deep freeze sitting outside in the back yard.