Happy Thanksgiving to the BiggerPockets community!I am looking for feedback on what to do next with my real-estate portfolio.Current situation: - We have 5 rentals properties spread across Tulsa & Florida (9 doors...

Thank you all for your responses, and apologies for the delayed reply.

There's no point in putting in so much time and effort for the minimal monthly cashflow of a BRRR property.

If we throw all of this out of the window, what would you recommend I set up for both asset protection, minimizing tax liability (including CA crazy $800 per LLC fee), and probate planing.

However, shortly thereafter, we began to experience delays in draws, mislabeling issues, postponed closings, and unreceived funds.

Since you and your wife have renovation skills, targeting properties that need minor improvements can maximize your return on investment while minimizing the time and cost associated with major renovations.

You can request a look-ahead schedule from your GC or as Chris stated, create your own to keep track of resources, delays, and other tasks.

You'll have quality tenants, minimal hands-on management, and lower potential maintenance issues.

Start small by buying a duplex or single-family home with minimal renovation and in good rental areas.

This minimizes risk and lets you build confidence as you gain more experience.