Over the next 20-25 years you are going to need to cover:1. a new roof, unless you inherited something like slate or copper2. 2 water heaters3. brand new HVAC system4. siding, unless it's vinyl5. tenant damageAs you can imagine, these cost vary widely.  

Additionally, it's still an out-of-state condo in a dying area and a brand new investor.  

Was searching short sales and came across this description on the listing:This place has a brand new doorknob!!

In this case, property ownership (via title and deed) through the LLC, but a mortgage owed completely and totally by the individual(s).It's a VERY strict interpretation and has it's basis back in the day when LLCs were brand new.  

@Wes Brand Can I find something under the $1M or $1.5M?

I've been in sales for 15 years so I'm familiar with the importance of branding yourself at networking events like these and business cards play a big role in that. 

Right now the campaign is "unique" because it's the first and using a brand new number, so I know where they are all coming from.  

If I have a good brand on BP, it is ultimately not because of my pretty logo, but because of the interactions I have :)Even you think I'm a pretty smart guy - you told me yourself...lolWhy are you picking a fight?

Hi Hubert,Unless you are buying about 80 units or more depending on the average rents per unit you will be buying yourself a job at the 25+ unit level.You could buy an all brand new property but those run over 100k a door.

Hi David,Im brand new to BP and investing in the same DC Metro Area too.