I'd love some perspective or questions I should be thinking about on any of the info I've shared and definitely also looking for connections here in the Milwaukee area. 

I will definitely look into it. 

@Daniel Kim, with that budget, and you can definitely get close to $10,000/month in net cashflow in LA.The strategy to pursue is ADU conversion.

Our contractor said we should definitely replace the electric panel, but might be able to get away with using the old wiring.

I definitely would not touch the 3.75% personal mortgage and hold that forever. 

The way I see finding members for your team, whether it be your tax professional, legal, PM, and so on, is simply understanding things at enough of a level where you know when interviewing them if they understand your business.

But to make it all happen, you will definitely want to build a team with the kind of experience necessary to make good investments and build out the type of portfolio that you are wanting.Hope that helps, happy to connect if you would like!

A notification system has been set up whereby the bank holding the underlying mortgage has allowed online access to the church (with our permission)Jay, the fact that the bank has approved this transaction has taken a whole lot of additional needed legal safeguards off the table that would have been necessary in a subject to or wrap that did not have the express written approval of the underlying note holder.

I think I understand it from the legal protection point of view to not draw money from the LLC account to my personal and then pay as it creates legal liability when I mingle the two. 

They are definitely more expensive though