@Greg ReeseMost small investors will benefit by having the LLC created in the state where the property is located at.Creating an LLC in a state like Nevada, Delaware, Wyoming may be better for the big players if items such as charging orders, business friendly case law, anonymity are important to you.However, be mindful that setting up LLC's in those states will add to your costs as you may have increased annual fees for annual LLC fees + registered agent fees.

That's awesome- I'm glad successful REI's like you are keeping their minds fresh & strong and open for new ideas :) 

You should have that as a benchmark in mind, since it offers a good return without any effort.

I'm adding to my verbal repertoire if you don't mind 

I’m Johnny, and I totally get the excitement of connecting with like-minded folks.

., sounds like this was in Los Angeles County.Would you mind sharing who you used to do the Lot Split?

Dealing with repairs, contractors, tenants etc is something I got sick off.A relative is renting out a garage in some empty lot and the thought crossed my mind of maybe buying some lot for car parking but I havent yet done any research on potential ROI on it yet.

Iam also seeking partners and like minded individuals with whom I can execute on first deal in first half of 2025.

Did you have any specific area in mind? 

Alternatively, put it on the market and give the tenants notice keeping in mind that showing times will have to be done with 24 hours' notice to the tenants.