This one is not that upgraded.Many forecasts say the Phoenix market is going to lose some value in this year, but I am hoping that Scottsdale is somewhat immune to this drop since it is landlocked on all sides.I plan on keeping this property for at least 5 years, maybe more if refinancing makes sense down the road.

That being said, an LLC DOES NOT make the property immune from liability...it does however, limit/contain it to the assets within that same LLC.

You can get more granular, down to the city or zip code level on Hometown Locator https://www.hometownlocator.com, which uses Census Bureau stats.Once you identify areas with strong growth within growing MSAs, look for anchors like government or big universities that are never going anywhere and are immune to fluctuations in the economy.You should also look for the strongest school districts.  

Those originally from rougher areas are more immune to their environment and most likely have a keen insight in what to expect with their tenants; and how to choose and handle them.

Say, I do not want to get the preforeclosure leads (pretty houses with no equity) - any way to be immune from those useless leads when advertising outdoors?

Even the most affluent areas of Jacksonville have crime, the entire city is not immune to it.

.- Subsidized deals are king right now, nothing like having tenants that don't have jobs to lose, so HAP contracts or Section 8 voucher transactions or anything like that are largely immune to the current sturm und drang.In terms of actual horror stories:- Big sponsor with lots of workforce housing that included many undocumented immigrants who can't collect unemployment, most of whom work retail or domestic services and none of whom are working now. 

The psychology of these 3 day pitch meetings if you don't know what they're doing is this...Supposedly they are giving away free training to implement but they're holding back.And they are "conditioning you very subtly" over those period of 3 days.I've seen this for over 30 years and are fairly immune to their psychological devices.I really believe that "anything of real value" that they're saying can be found here at BiggerPockets.There's so many distractions in real estate investing, there is always a "new shiny object", always "some very urgent and important thing to learn".If more people would just focus on one strategy, or get a coach that's reliable and proven, and listen to that coach and not focus on other things, chances are they would create some profitable business, and be happier and not confused.I think wholesaling and retailing- rehabbing is not a good place for many people.I think learning how to talk to sellers and offering them a cash offer and a terms offer is the way to get started.Terms offers include subject to, wraparound mortgages, lease options, installment sales on free and clear houses, and more.

This makes me completely immune to Google updates.What we do, is we please our traffic.

Once the sponsoring employer goes away, the plan must be terminated and rolled over to an IRA.Taking passive rental income and creating a separate corporation to provide management services to oneself as mentioned earlier in the thread not only has the time and expense of setting up, maintaining records for and reporting taxes for that separate corporation, but also adds 15.3% in self-employment taxes to any of the income now deemed to be self-employment.While the Solo 401(k) has many nice features, two of the primary advantages such plans have over IRA alternatives are higher contribution limits and the immunity from taxation on UDFI in leveraged real estate transactions.