My marriage strained under the pressure, my financial burdens mounted, and the disappointment in my children's eyes mirrored the turmoil within my soul.

Welcome to A Skeptical Dude’s Take on Real Estate: a frank, hopefully insightful, dive into real estate and financial markets, from one real estate investor to another.

That even if I'm losing a bit of money every month I'm still having someone build equity for me in an tax advantaged asset over time.

I saw a BP post which recommended a simplistic approach of  one LLC for operations and one Series LLC for asset holding, however it seems NC doesnt allow Series LLCWhat are my options and what are pros/cons?

@Dequan AllenA beneficial tactic for those trying to accumulate riches and become financially independent is house hacking.

Our goal is to start building generational wealth and create some financial flexibility as our family grows.

Depending upon that, and your financial health I would just recommend hanging tight and adding another avenue of future income.

The financial sophistication and operational capabilities for a large multifamily are much different than flips or BRRRs.  

.)- Financial Services (you (owner) should think about what you want the PM to handle, if it is everything from paying bills to insurance procurement to P&L statements then ask that, if you don't want the PM so heavily involved in financials and just more on the surface level of the operations of the property then that is okay too!

If it is in a revocable living trust, then yes, all the assets are still considered your personal assets, they just pass on to the hiers by the trust instrument and not the will.