The owner of the out of State should be your personal living trust. 

Due to the owner occupancy rules and personal matters, I'm really trying to purchase in state.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

We personally won't look at a deal where we don't think we won't make at least $50,000 after all expenses and closing... and truthfully we are usually wanting closer to $100,000 or more.  

Account ClosedThis is a great question, and while I wish I could give you a direct answer, it really depends on what you want your life to look like.It might help to figure out your end goal first and then work backwards from there.For example, if your plan is to buy a few properties and live off the passive income so you can focus on your hobbies, that’s going to be a completely different path than if you’re looking to network with limited partners and start your own syndication fund.

@Don KonipolBeen mixedI have seen some where the person who runs it controls the agenda to push their guru course or sell some type of product.

Here is a real life example with my client (numbers are altered since we haven't closed yet): Activities are a lot slower in recent months in many cities across the bay area.

Very few mortgages last 30 years before they are paid off or refinanced. 5-7 years is the average life of a mortgage right now, and 10 years isnt unrealistic.

I'm so close, this is the craziest transaction of my life.

I personally like seeing things built out there.