I often see impossible pro-forma numbers, that manipulate this reality.5 miles can be a world of difference as far as potential tenant pool, too.electric can vary depending how close to the beach, it can be 10-15 degrees cooler in the summer when you are 2-3 miles or less from the beach 5-10 degrees cooler 3-10 miles from beach, and maximum hot summer further inland... so air conditioning use can vary  depending on this.... also, if the heat is electric vs natural gas and the stove too, since NG is much cheaper than electric.that's my 1.5 cents

@Rich Ng, in NH you don't have to take section 8. 

Originally posted by @Courtney Duong:@Scott SmithHi Scott,I am new to this and really like the idea of series LLC.

In one year, my credit score went from 551 to 768.Ok, let me re-iterate since this thread has been bumped ...D O  N O T  U S E  L E X I N G T O N  L A W !

First off, I am a college graduate while serving in the Army NG out of Indiana.

@Rich Ng so you use a different form of payment/account for that separate receipt? 

@Rich Ng I see that there are many benefits however, I feel that I want to have more control over my money and not be withheld from my gains for so long.

@Rich Ng Thanks for replying.

The occasional explosion that damages surrounding houses I believe must be due to NG. 

unless you have 1 million to invest, netting 10k per month is going to take a  l o n g time. 40k will not get you a house, will get you to update a house or two at around $300 cashflow per month.there are many threads on here about getting to 15k per month, getting to 20k per month. lots of good feedback on there. i just gave you the quick explanation.