So what happens as cost per inventory unit increases?

I think the challenge is that local meetups tend to be held in restaurants that cost money and they don't attend.

Hello BiggerPockets family,I am currently in escrow for my first multiunit so I am finally able to join in on this side of the forums.I was just curious to how most of you fellow investors would setup the basics in being a landlord of a multiunit.

All this has been built into the loan along with operational cost to get the place running.

Keeping them separate is for better bookkeeping, managing the numbers, and when you sell or refinance.The disadvantage is that it will cost you more to have separate LLCs, and it may be more of your time to track.But if the goal is to buy more properties, build the foundation correctly.

My local guy wanted $6,900 for the same setup.  

@Haiden WelchThis post is not going to be what you want to hear but in order to do a syndication properly you need to have experience and moneyIf you don’t believe me check out what is going on in BP on a Norada, Ashcroft, AHP, ODC, Kawaka, and Google Applesway and Tides…To start it will cost you $10k to setup a syndication.

I am willing to share everything I know for the cost of lunch somewhere in West Hartford.

The primary residence is a cost center and loses you money, since you shouldn't bank on appreciation.

With the current market, I will not be able to make my required cash flow after paying all operating cost including mortgage, vacancy, property tax, insurances, maintenance cost, no need for a property manager because I can manage it.