I apologize if my tone is harsh.

I’m new to investing and have a flip with a big loss under my belt and am very fearful to pull the trigger again, but know that real estate is the way to freedom.

You can but you run the risk of triggering the due on sale clause.No need to have in an LLC.

You can consider doing a cash-out refi on one or two properties, but I’d also wait a while before pulling the trigger on that.

AND her new landlord is virtually a slumlord to fixes nothing - including her leaking brown goo problem.Forgive me for being so harsh and laughing at another persons problems, but after decades of renting to people and putting up with their stupidity and shenanigans, I can't help but laugh at their misfortune. 

Did you ever pull the trigger on this Michael?

If you purchase the property using your own name with a conventional loan mortgage, then transfer it to a LLC, it may trigger the due-on-sale clause, taking the risk that the lender will ask you to pay the loan balance back immediately.We can only choose one of it, not both of it.

I have been lookin into pulling the trigger on deals in Detroit that are already occupied.  

Does that seem harsh?

Waiting a year might not be a bad idea versus pulling the trigger sooner and having to pay to refinance later.Also realize it may be tough starting off as a 17 year old.