Since you are from WA, I am wondering if you know how that market perform. 

@Daniel Kulik, I agree with @Simon W.. A

I’m building an 18-unit in Pierce County, WA right now.

So in essence unless your going to fight (and pay) for a fair return against a fascist Oakland rent administrators - your profits will slowly decrease.

The office administrator did the initial due diligence, the corporate counsel reviewed the lease, the accounts payable coordinator setup the accounts and sent the security deposit, one of the VPs signed the lease, and only after all of that occurred did I get the name and contact information of the tenant.- Now I am in their system as a Vendor/Subcontractor.

Chris I agree that the administrative burden drives minimum investment amounts higher to make sure the juice is worth the squeeze to the sponsor.

I'm Rick from Vancouver, WA, passionate about real estate investing since 2008, though admittedly just getting in.

This way, you avoid additional fees and administrative hassles like foreign entity registration, which would be required if you use your Colorado LLC to own property in Tennessee or Arkansas.As for scaling up to more than 10 doors, it’s not necessary to create a separate LLC for each property.

I am based in Spokane,WA but am looking to grow my portfolio in the MidWest.

However, this approach might add complexity, such as additional tax filings, self-employment taxes, and administrative costs.