The shell of the LLC is an additional layer of protection and separation from your personal assets and you personally, so from this standpoint I like the LLC.

If the deal looks like it can work with those numbers then you can start to peel back the layers and ask the seller for financials, capex schedule, etc.

If you have old rooms with many layers of paint and cracks you know it will peel no matter what you do, especially on the ceiling.

What you walk on and touch is hardwood, the difference is the base layer underneath.

He'll remove all vents and roof jacks, and replace with new.Second contractor will remove existing roofing membrane down to wood deck substrate. clean, apply1 layer #15 lb base underlayment, install Malarkey Highlands laminated 30 year asphalt fiberglass shingles, seal all roof projections, ground clean up and haul away for $4524.( http://www.malarkey-rfg.com/PDFFiles/MRP%20WebFliers/HighlanderFlierWeb.pdf) Highlander-CS™ ~ Malarkey's 30 Year Laminated ShingleBuilt with the strength of a highland castle, the Highlander protects your home while providing distinction, security and value that is prized by today's homeowner.

However, the best part is that it takes about 30 minutes to roll on a new layer of paint between tenants.Carpet in a can - gotta love it!

WELL, as many of you probably are aware, owning a multifamily unit is nothing like owning a regular house due to the costs, competing interests, planning problems, and additional layers of regulation.

It is vital that your potential investors trust you and your team, so I would suggest providing information about yourself and the organization.

Your first contact with the seller is the most vital.

Checkbook control really is a vital part of many successful self-directed investment strategies.