John Yes, that is precisely why I think it is overrated with respect to cashflow, it is very difficult to find a property that will leave you above water after doing the numbers.

It is your choice to believe it or not and I respect your decision.Just for you, these are the very first properties you see when you search Chicago.

Reason Respecting: Why our C-D rentals better than A-B?

And boom you buy a lot for the price of a single lot and with some simple forms to the city you get to re establish the old lots..

It should be common sense that if you respect your tenants, understand the culture and provide a positive and enjoyable experiences, in many cases that is reciprocated.

My understanding is that O.J. used asset protection trusts established in Nevada with spendthrift clauses to protect his assets from creditors...   

Owning properties through LLCs in their respective states avoids the need to register a foreign LLC, which adds costs and administrative requirements.If you plan to acquire properties across multiple states, you could create a parent LLC in Florida and have individual property-specific LLCs (child LLCs) in each state.

I get CC offers on LLCs I establish within months of launching them.

Additionally:Is there a specific state where it makes more sense to establish the holding company (now that anonymity in states like WY or DE isn’t the focus)?

It's not a get rich quick scheme, it's a lot of active work and I would have 5 yrs in my head at a minimum before you truly become established and stabilized.