I feel like BP should make that into an info-graphic or something.

@Mark Christopher Javier and to all those who invest in out of state:When owning out of state properties, do you title the rental property in an LLC incorporated in that particular state?

Marco C.There is generally little advantage - and often several disadvantages - to incorporate at the start of your investing career.  

As I mentioned earlier in this thread, you owe it to yourself to make the best use of the tools available to you.In that spirit, I've asked the tech guy who manages my CRM system to investigate how to incorporate this as an automated step in the tenant approval workflow.I'm not sure what he will come up with, but for me, making this easy and consistent for my property managers sure seems like it could be money well spent.

Building an empire takes time, determination, drive, desire and passion.Don't forget to incorporate your company, never do business as a sole proprietor as you will be 100% liable.

Hey @Cody Breunig First of all welcomeYou are going to first of all want to get all your funding in place, then go out and find the right deal yourself  (zillow) or through an agent, you want either a house to fix up and rent or a house thats ALREADY being rented or has low quality finishes inside and hence can serve as a rental property.....You want to search up all the renting prices in the area that you want to invest in to see how much you are going to get....you may want to use some general rules of at least 1 percent income per total cost of the home so 100k should get u 1k in rental per month calculate the taxes vacancy all the incorporated costs (which you can easily find tones of info if you search rentals in the search box), read the book on rental property investing here its pretty good. 

What is the best corporation to incorporate yourself in when investing in real estate?

The TIC Agreement may incorporate any strategy, a net deal like I described, some can relate it to wholesaling but I was in title.

I usually try to keep all administrative files like logos/graphics, lease templates, corporate info, in one folder, then break each property into it's own folder, with a copy of the current and past leases, appraisal and purchase info, any warranty/spec info for equipment, appliances, paint codes, etc. 

Most brokerages incorporate management into the business model becuase if they are managing the assets, typically they have the first shot at the debt placement and/or the asset sale.