Easily set up sub-accounts (if you need to).

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsWishing you the best!

That might be something to consider as well if you're set on the Bay Area. 

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

Let's address your questions:Question #1: Setting up an LLC for your real estate rental business is a prudent step for liability protection and organization.

And remember, the journey through the market, with all its ups and downs, is part of a bigger adventure – living the life you've always dreamed of.Keep that in mind as you set out on your own real estate journey.

Stanley Congrats on getting started and you have a good chunk to work with and that should set you up with reserves too to get that first property.

Once that is set in place its really up to you where you take it.

There was no cold water from the time I moved in on 12/23.