So that argues in favor of one LLC per property.If you co-mingle funds between yourself and the LLC or between LLCs, you are ignoring the corporate separateness of the LLC and providing grounds for a creditor to "pierce the corporate veil" - a fancy way of saying that they can ignore the LLC, too, and reach the commingled assets as well.So, if you are going to bother having an LLC, it's critical to observe the property formalities, like separate bank accounts and hiring bookkeepers and accountants to keep your books and tax records in good order.Presumably, you are in this business to build long-term wealth.  

It's essentially a really fancy RV on RV hookups. it's movable on a trailer, parked on concrete and on additional supports.

Ask some of the people in foreclosure how they like their “fancy” loans...Better to not do a deal than it is to deal a deal that you regret!

I'm reading through The Ultimate Beginner's Guide now, but I still dont know the first thing about calculating my potential ROI and all the other fancy lingo that the pros use. 

Thank you for the compliment, Ezra, but I really doubt others want to dress like a homeless looking construction painter plumber driving around in their beater eating pb&j's between naps.I am a horrible task delegator. 

Is there a dress code?

Don't buy a fancy car, and have your eyes on your goal.4) Save money, make money.5) When you are not focusing on your job, focus on real estate (during your off time).6) when you are a bit settled in your job, start becoming a wholesaler.7) If you seriously can NOT stand wholesaling (like me)..

I went to library school but now it is called information studies or something fancy like that.

I live in Davis, CA, where my husband and I just bought our dream home in June 2014 after selling our first home in Berkeley, CA that we owned for just 2 years...we had put in 3.5% with an FHA loan and eloped instead paid for a fancy wedding (much to the disapproval of my mother-in-law).

Good question -- I'm in the same boat and will be going to an REIA meeting on Tuesday.I have business cards for my fitness instruction business that I will bring along.My big question is --- do people dress up?