I am from Mass originally so nice to hear you.

In this case, if the property is in RI that's where I would form the LLC.If you were to form the LLC in Mass then you'd need to pay two states annually, Mass (state of formation) and RI (as a foreign entity), which would be double the cost.The only minor thing is that as an out of state owner you'll need 1) a registered agent in RI to be on file with the RI Secretary of State for any communications like annual report reminders, to receive service of process if you were to be sued, etc.; and 2) to register with the RI Secretary of State as an out of state landlord.If you used a RI attorney when you bought the property in RI, I'd inquire if they're willing to be the registered agent for the LLC, and in fact you might even want to use them to form the RI LLC too.If you don't already have a relationship with an RI attorney I can recommend a few, but if you don't have anyone trustworthy in RI who can act as registered agent then you might want to ask the prospective RI attorney if they're willing to be the resident agent before you pay them to form the LLC for you (some attorneys don't want to be bothered as you can get a lot of junk mail).All of the above is just my personal opinion and experience and what I'd do in your position as I understand it.

Hello my name is James DiGregorio I am a electrician I have 17 years in the construction field who has all the connections to go in and rehab a home does anyone know of any Realestate investors in the Boaton area

Because of the tremendous growth at times the communication is more “mass” communication verse a personalized hand held approach.  

It seems that investors send out mass mailings in order to acquire properties off-book. 

So if you're going to follow the basic cash principle on how to invest based off when, you're going to follow the mass.

I live in the New York metro area and I was looking to start investing relatively close to home (400 mile radius.)  Generally speaking I am looking to start out with around a 20 unit property at an 8-10 cap. While I a...

If you jump these tenants up to 800 all at once you could have a mass exodus and/or deal with several evictions in the coming months.

Reason being1) Oil industry mass lay offs.2) Even though they are lower than california, they are 40% more than they were 3 years back - yes, a 300k home in 2012 is now at 550k.3) Property taxes are very very high especially in master planned communities (3.8 % in new areas of pearland, a suburb of houston), plus there is requirement for flood insurance separate from home owners insurance.4) cost of living has gone up a lot in Texas against other states (again don't only compare with California).

Like anything, it's not about the game it's about the practice so you have muscle memory to make the right decision in the game without thinking.If you look at anyone at the top of their field they have some type of coach and/or mentor, no brainer in my opinion.