Has anybody recommendations of cheap markets to buy rentals where we a young couple could peotentially live in vicinity to a good job market/bigger city? 

A knowledgeable attorney can advise here.Create a solid operating agreement: Since you own the condo with a friend, a clear operating agreement is essential to outline responsibilities, decision-making, and profit-sharing for the LLC.To save on costs:Look for real estate attorneys who specialize in investment properties and might offer package deals for the retitling, operating agreement, and filing the LLC.Shop around for title companies that can handle the transfer smoothly and provide competitive rates.Research DIY options for setting up the LLC if your situation is straightforward, though I’d still recommend a lawyer for the transfer process itself.Good luck with the process!

If so (and even if not), I would love any recommendations to a loan officer in the metro Detroit area.Thank you in advance,Aaron RaffaelliAaron,Yes, it should be entirely possible!

Are there any key resources, platforms, or strategies you’d recommend for a beginner? 

Nothing has changed for now.2024 update: We recommend eFiling for everyone, however starting this year eFiling is mandatory if you file more than 10 forms.2023 update: The IRS (finally!)

Does anyone have an attorney recommendation in Texas or other recommendations to remedy this loss?

I wouldn't recommend this for research purposes. 

@Marcos De la Cruz There's no hard & fast minimum - it's based on your personal return preferences...usually I recommend to my CFO clients that they make an annual somewhat higher than what they could get by investing in the stock market.

I also recommend hiring a PM... then they deal with all of this and leave you out of it. 

I'd recommend a private lender since you have an LLC and good credit.