My recommendation would be to engage an investment property focused realtor (not a general residential realtor) and let that person guide you through the process from pre-qualification to market/property valuation and selection. 

If someone injures themselves and sues, they will be suing the LLC and not you personally.

@Enrique Toledo  If the seller is firm at 10% down, you can always get a personal loan for that 10%. 

The interest rate on a HELOC or Heloan may be better than the personal loan. 

Would a HELOC or home equity loan on my personal home be a good idea to fund this?  

Hello all! :)Someone I reached out to on an off market deal told me that they couldn't sell because they bought the property as a rental in the 70s and didn't want to pay the capital gains. I'm curious if this has com...

From what I have researched they seem legitimate but the person I am working with is flakey, takes forever to answer questions so I thought I would see if anyone else had experience with this lender.  

NOTE: an aggressive attorney can still track you down.LEGAL PROTECTION: By placing your assets in an LLC, you legally separate them from your personal assets.

I am looking at a 5 unit building that I want to do a condo conversion on. 4 units would be vacant 1 has a rent controlled tenant in there who does not want to move. I would owner occupy it so I don't know if I have a...

And what if the one person you didn't check has a criminal background, has collections, and more?