A bit, but with all of the chip factories, companies, and new developments coming to town I don't see it softening for long.

I will hop right on that Sir, soon as fund retainer account to do research work for ya.... 

Hi @Justice JacobsI do have specific questions. 1) How do you structure the company?

One risk I could think of is - Even witb a 20 year guaranteed lease, thr company could bankrupt & may put me in a situation to look for a tenant.

We got really burnt with our previous PM Company and are looking to change.

He usually buys in C neighborhoods and has to do heavy rehab, but he's a construction guy that also runs his own property management company, so it's 2nd nature for him.

To succeed, focus on properties in high-demand neighborhoods like Pecan Grove or Aliana, and ensure your cash flow analysis accounts for high property taxes, potential HOA restrictions, and flood insurance costs.

If I put all of my eggs in one basket (Florida in this case), paid off property and a hurricane blows everything away, FEMA is nowhere to be found and the insurance companies take years to pay what little claims they actually do pay, I suffer through it in a blown out house.

I'm still in the process of growing my portfolio, but have heard others 1031 all their smaller properties into a larger building and have a property management company manage, OR, set up a seller financing deal with another buyer that gives you the cash flow you desire. 

It would be far simpler to put the $500,000 in a bank account owned by the LLC and you immediately own a fixed percent.