That’s one of the cons because that money might not be deployed in a deal and it may just be sitting there.

Also reviving this thread, in a very similar situation as @Stephen G. 

At $500/mo per door you would have $175,000 cash flow in a year before operating expenses.

If anyone is still interested in a REPS log I created one in a Google sheet with some examples.

Anyways, that's not the right process because we are in a different country, and also every province is drastically different.

He said he rented a dumpster for this Tuesday but like I said no rent for January and now we are into February, can I change the locks, I want the stuff gone but in a bad situation, he said he will pay me January rent when he gets money, but I'd hate for them to go and take all the valuable stuff and not pay me and leave me the mess, I probably can't hold their stuff hostage, thoughts? 

For example in a hot area of Houston I have a 30 unit. 20 of them are in a courtyard and 10 face the street.

If I buy property in a state that I don't live in and put that property into an LLC registered in that state, will it be protected or does that LLC need to be conducting some form of business?

I'm speaking of co-living in a typical A or B level neighborhood house, so instead of a 20-25% down payment, we are speaking of a 1-5% down payment. 

Whether that's through the application/leasing process to communicating with owners and vendors in a timely manner to address anything related to the property.