Our kids are really young, we would like to put the LLCs in a trust to avoid probate, what do you guys recommend?

Until you have $1 million or more in equity and really understand how to use an LLC, I recommend you just buy an umbrella insurance policy for $1 million.

If you're open to expanding your search some time in the future, I would recommend checking the Columbus OH market.

The BiggerPockets community has excellent book recommendations, such as The Book on Rental Property Investing by Brandon Turner.

I am the Vice President of OmniKey Realty, and I would highly recommend scheduling a tour with my investment team if you haven't already done so.

One last thing – we recommended you create a Status column on your spreadsheet, now we’ll explain why.

Any recommended reading materials, please. 

If you have a competitive advantage that you can bring to your co-hosting/managing, then I would recommend looking for owners with properties that mesh well with your target resident.For example, if you are an active duty military servicemember with unique insight into what a servicemember is looking for, lean into that.

Hi Casey,I would recommend looking into buying right in the City of Detroit and not necessarily the suburban areas.

Buying quality assets that are in a desirable location and in good condition with a modest amount of leverage is IMO the only approach that I feel comfortable recommending.