. :-)@Joyce A DebrahHi Joyce,I suppose part of your question rests in how much of a roll you want to take on in your real estate investments. 

One things are rolling, it takes relatively little to keep that momentum on flat straightaways.Similarly, pulling the pieces of a business together is a similar effort.

The rent roll was so close to 1% of list price (which in my opinion is too high to start with) that I was instantly interested. 

Would enjoy hearing feedback and advice on what beginning steps I need to take to get this thing rolling. 

Do roll out tables. 

From an income tax perspective, the LLC provides you with absolutely no benefit.Even from a "anonymity" perspective - if that is a Single Member LLC, the K-1 from those syndicates is still required by the IRS to be issued directly to the beneficial owner - you.If you don't make it a single member LLC, say your spouse is also a member, now you have a partnership tax filing - if it holds a number of LLC interests, it is now a partnership filing that is a pain to file to roll all of those activities in and report it on to your personal returns.In short...most likely it is best to keep it simple. 

I am interested in building my wealth and need a great agent with amazing resources that can help me get the ball rolling. 

I suspect NAR and other orgs will start to go head hunting for these folks.Crap I made one post on BP about doing a mortgage in NV and promptly got turned in by someone on BP and subsequent cease and desist from the state of NV>. even though I never ever did a loan there.or States are trolling BP.. so in this instance the OP talk about how he does deals he would have no defense if in fact his activities are subject to licensure.. that's the funny part of BP folks getting on here talking about what they do and a lot of it simply is not within the RE rules.

Literally pay for them then let them go to tax's but seller wanted all or none, many investors would balk.. just goes against the grainLets See some more James Wise wisdom and detailed posts I for one appreciate them.Fried Ruben rolls... can't get them out of my mind..

Yes, it's possible to use a 1031 exchange to roll the proceeds from selling your first rental property into a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) deal, but there are a few important things to consider.