Readers should seek professional advice.

Professional tenants can smell an opportunity from a new landlord from a mile a way. 

Keep that as a backstop when the primary funds run out so that you don't have to pass up on a great deal that comes your way.LLC structuring is something that you really should talk with a tax professional about.

I have over 30 years professional experience so not taking anything personal.You have corrected nothing. 

@Chris SeveneyI agree it is not the most professional website I have seen.

You lose all of the control and these are long term investments - but in my experience the returns match what I had on the active real estate and I am hiring professionals to manage the assets.  

Licenses are typically required if you plan to work in a professional real estate role, like as an agent or broker.

The sooner you start these conversations, the better prepared you'll be when the right deal comes along.Local professionals can also be an invaluable resource.

This strategy aligns well with the buy-and-hold model.Leverage Local Expertise: Partner with professionals like real estate agents familiar with rental markets and property managers who understand tenant needs.

Not a ton of young professionals except in government roles (Carson City's largest employment option), or if they want a slower pace but are still willing to commute to Reno.