Assuming you’re going to see the property you should check the physical condition of the property.

USPS is reporting that our LLC PO box address is not our physical address to the state.

@Quentin MitchellWhat I meant is, group a few doZen of them together that over a 5 year hold will cashflow $100 each monthly (round to $5,000) and then yes, you could use that to “live on”... but at the end of year 10 you’re left with an absolute garbage sfh that literally has zero value (physical buildings DEppreciate) and you’ve got some land value (land Appreciates)... so you may have paid $75k for both land and sfh to start, you ended up literally eating and paying for gas etc with all your “cashflow” and now in year 10 (or sooner for D class) you’ve got a knockdown little box, in the hood, beside 400 other little knockdown boxes...

Tait,I have not been in this position before, but I would not get a PO Box, since your physical address is likely tied to tax records that are public anyway. 

You won't need to be physically here to form the LLC or to purchase the property.

That will protect their interests beyond 5 years and reflects a very good understanding of the buildings needs (from a physical plant side anyway.)Be sure to have good leases, insurance and have answers for guaranty as well!

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where you think we are in the real estate cycles (financial and physical market cycles)b) Then only then pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

Meaning that, I started doing Physical, financial, legal and local Market analysis all together in parallel.

Hi BP,
My brother and I just made our first offer on a property we have been looking at.
Though we have the cash needed, we are also considering bringing in equity investor(s).
Now that we're at this point, we real...

This includes the right to expect the following:Housing in your price range available to you without discriminationEqual professional serviceThe opportunity to consider a broad range of housing choicesNo discriminatory limitations on communities or location of housingNo discrimination in the financing, appraising, or insuring of housingReasonable accommodations in rules, practices, and procedures for persons with disabilitiesAsking about physical disability and selecting unit type.Non-discriminatory terms and conditions for the sale, rental, financing, or insuring of a dwelling; andTo be free from harassment or intimidations for exercising your fair housing rights.You cannot and should not have two sets of prices.