hmmmm, raising capital for operations vs each property?

There is one quality operator who gets ~$50K on a house that would sell for $250K.

I'm paying about 2k/month in JUST INTEREST. it brings in about $1300 and I live there with 2 roommates and operate my business out of it.

And you are continuing to invest in real estate a 1031 is a good option to explore. 

A clear operating agreement from the start is key to keeping on the same page. 

@Jaren Woeppel , after looking at the available local options, we continue to self-manage although we export a number of tasks, ie. answering the phone.

@Jenny Yu sorry to hear about your experience, we own and operate 51 units we own and manage for other clients in Jacksonville and Orlando.

Your LLC name can be meaningless, but then you can operate under a commercial name.  

I've read a lot of posts in the forum here on the pros and cons of this strategy... what I would love is some insights from actual PadSplit hosts on the assumptions/operating expenses to take into account when evaluating a property.

Reese's "free" course is really "first lesson free", then you are directed to a paywall to continue.