@Justin R. a $100k SFR will not bring you optimum returns.

Well I thought the earnest money needs to be $1000 to show that u r a serious buyer for REO properties.

My experience has always been a 25% minimum for investment properties.Best of Luck,Alex Furini, RA

Ive read the forums and listened to several BP podcasts covering RA investing while working a full-time job.

This is an office, in that state, open during all business hours, that will receive any and all service of process for that entity, in that state (if you get sued, they deliver the paperwork to the registered agent, RA).From what I understood, and I can be wrong, if the entity owns a property in Y state, then the entity will need to be registered in that state as it is technically "doing business" in that state.  

I know that I can create these LLCs fairly easily online, and I have an RA already for Florida, but will probably require some legal advice when choosing the holding company State and getting everything setup right.  

I noticed u r a note investor, do u buy nationwide?

An RA is a third party (I usually see lawyers) who puts their corporate name on the paperwork that is filed with the state. 

RA suggested it might be a waste of time to get it appraised and to get it inspected by a contractor than a inspector.

@Claudia R. , a Property Manager manages property for other people.