Long story short, I walked through the property the day after he bought it and found numerous things, haz mat among them, that he tried to have removed but the seller's agent just blew him off.

I have heard that it can be a difficult career at times, but I think It can also be professionally rewarding, and it can help me in my future real estate investing. 

They have a monthly main meeting, as well as numerous subgroup meetings and workshops and so much more. 

Nicole,There are numerous resources on this site, and many people who will help lend advice and caution.

He is the only person I know on these forums who has actually litigated these cases as a Harvard trained lawyer for both umbrellas and LLC's.The problem is everyone either focuses on whether or not an LLC provides better protection that insurance, OR how difficult it is to do everything via an LLC, but it's rare that there is a discussion on here with addresses BOTH issues.There have been numerous cases recently, where investors have received a due on sale notification from their mortgage bank as a result of quit-claiming the deed from their name to an LLC.

I've read through numerous threads regarding LLC vs none and just wanted to refresh this debate to see if anyone had any experience with positives or negatives that don't seem obvious.

It would take a huge amount of subsidies to keep a lot of these neighborhoods afloat as-is (there are numerous government programs to entice contractors to build/rehab in specific run-down areas of various cities with money to help build/sell/etc.) 

I think this is a challenging but very rewarding field to get into.

I have spent numerous hours trying to figure it out.

The way I see this is a risk vs reward.