Check out this recent thread on LLC’s, it’s pretty eye-opening that of all the very experienced investors on here, with centuries of investing experience combined, the consensus was that LLC’s are not needed for most investors:  https://www.biggerpockets.com/forums/926/ Of course gurus will tell you that you need one before you even have a single property, because it makes them sound smart.

John, I don't know how to do that @people thing but those prices are pretty reasonable.

Interior is in pretty good shape. 

Also, our virtual assistant service and their activities and processes we've perfected over the years creates a pretty massive pipeline of incoming deals. 

Looks pretty detailed and might help you answer your own question!

I emailed the Minnesota Department of Commerce and they pretty much said yes, he would need to be licensed as a broker.

@Shayan Sameer,The really brief answer is that most of TN is pretty affordable apart from Nashville, which is an expensive, supply-constrained metro.The median home price in Chattanooga, for example, is about $300,000, which is a little above your $200,000 budget.

It will cut down on the fake accounts created to promote certain individuals, markets etc.

Account Closed our world is trending to more & more "immediate gratification".Self-showings are the result of this and owners squeezing PMC's profits to nothing.Regarding the PMA, ours is pretty long to cover everything we can realistically think of - yet, many owners freak out about it and hire a PMC with a shorter contract.How would you be reacting right now if someone had broke into your property and stole these things?

I think I can make some pretty interesting trends with one data point