RELATIONSHIP WITH YOUR ADVISORS 🤝Good QIs:Work well with your teamRespect professional boundariesCommunicate clearlyStay in their laneRemember: The best QI relationships are professional, not personal!

When your LLC takes a loan, expect as members to personally guarantee the debt.

Non-recourse has less personal exposure, but you need a very strong balance sheet to secure this without bringing in a KP.

I personally used Jon McGraw in the past and he is extremely knowledgeable in the field. 

If you have a chunk of money to get going I'd personally buy the biggest thing you can if you don't I think house hacking into a 4 plex is great. 

Personally, I would hang on to the cash.  

Personally, I've bought older homes since I invest in mobile homes myself.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Yes I have known it to work because the owner is not a push over, enforces policy and can make it run good......however, do you have the right personality to do this, AND if you move out can you continue to have the house run smoothly with no one in charge.  

Also, get all personal info (DOB, SSN) from the seller in case needed when talking to lenders, lienholders, etc.