Statistics do not show a need for the addition of a LLC it is more of a "thing to do".

I'm a recent US Navy Veteran currently residing in California; and over the past 6 mths I've found myself 24/7 compiling all the statistical data I can utilize to dial in to which market I'll be breaking into the multifamily rental property game.

Foreclosure Market Report shows that foreclosure starts increased from a year ago in 96 of the 219 metropolitan statistical areas (44 percent) analyzed in the report.Twenty-one states posted a year-over-year increase in foreclosure starts in July, including Florida (up 35 percent); California (up 3 percent); Texas (up 7 percent); Illinois (up 7 percent); and Ohio (up 2 percent).Nationwide, 30,187 U.S. properties started the foreclosure process for the first time in July – a 1 percent increase over the previous month and less than 1 percent year-to-year.

@Chris Lopez statistics show well have the next recession within 2-5 years from now, I didn’t mean a dip in Colorado specifically but moreso the entire economy.

In general, AirDNA is a good resource for rate and occupancy statistics.

With complete sales numbers, you would have statistical information to go by rather than speculation.

Now if you pay me $5000 I will dazzle you with the Black-Scholes foreign currency option pricing program that I wrote in business school to approximate option pricing from statistics available in the Wall Street Journal.