Hi John,unfortunately, a LLC doesn't save you from paperwork - quite the contrary.You still need all your receipts to substantiate your expenses to the IRS (if it comes to defending an audit).You definitely want to have separate accounts to show that the LLC is indeed a distinct entity and you definitely do not want to mix your and the LLC moneys.Mixing personal and business funds more or less automatically kills the point and benefit of the LLC since it needs to documented as a separate, business entity.There's a ton of LLC related discussions on BP, plus I found the NOLO books on dealing with Tax for Landlords to be outstanding.You have plenty of time to ramp up on this aspect.Get a bunch more rentals under your belt to build up your net worth.

I'd eventually like to do a mix of flips and buy&holds (with a longer term goal and getting into MHPs in the future) while still keeping a cash reserve to continue doing as many deals as I can handle whether that may involve private money or HMLs in the future.Thanks again for taking the time to read this.

One was in a small mixed-use building where the only space occupied was the post office.

What I think is great is that there are so many of our regular posters in the mix - of course, I love to see that others that I've never heard of have also played a role in your tale.Keep making it happen!

This article in today's local paper tells it like I was saying:http://www.lvrj.com/business/investors-shake-up-residential-neighborhood-mix-117482953.htmlMore than 50% of the buyers are all-cash buy-and hold investors, happy to earn their 8-15% annual returns.

That high mix of 1 units makes it also very difficult to refi in the future.If you have any questions just ask.Hope it helps.

The chemicals mix with the water in the Ocean to make Potassium Chloride or something similar(can't remember the scientist jargon they were saying).Anyway when the compounds hit the Ocean they cancel each other out and dispurse.Right now the levels are not ultra dangerous but they have abandoned one reactor because of the levels there.The radiation does pose a risk to the immediate area and surrounding areas depending on which way the wind blows and velocity.What helps is with Cherynoble containment was weak.Today buildings are built stronger making leaks and explosions not travel high into the air.It was the high air travel before that caused wide spread contamination by the winds.The design of todays buildings helps containment.Still dangerous but not approaching Cherynoble proportions.I will pray for them.

That would be worse, given it turns this into a mixed use building and has environmental hazards.5% 30 year mortgage on a apartment building?

Keep an eye open and try to mix in a few middle class homes where most are OO as they will appreciate better IMO.Good Luck.

However, I did not see any transmitter box in that small area close to my house.Along the street, there is a mix of old houses built before 90s and new houses built after 07.