@Ryan Raven most states don't care if you screw up the management of real estate you own personally.The government does have a problem with an unlicensed person/company screwing up the management of properties they do not own.

Personally, I would not do Pueblo.

Since the original loan was apparently for a primary residence an LLC could never qualify because it isn't a person who would owner occupy the property. 2.

But now with the joy and headaches of non-metered units, trying to wrangle 3 different set's of persons into playing nice, etc etc.. 

I’d also love any advice on avoiding common pitfalls and how to build a strong foundation in real estate investing.If there are any resources, local groups, or even personal experiences you can share, I’d be grateful.

@Jason Lopez You don’t need an LLC to rent out a house in San Antonio, TX, but it can provide liability protection by separating your personal assets from your rental property.

Personally, I'm waiting for the lawsuit by a seller against his own broker for refusing to vet a potential buyer and then show to a qualified buyer.

Personally, I had a similar situation when I bought my first home. 

I know some will differ here but I will offer my personal opinion like many others have.

I have personally house hacked for over 10 years and continue to do it to this day, right here is St.