Do not use the 140K as a down payment on a new rental you plan to hold for a long time.

I have a small investment project development in Boston currently on hold that I will certainly consider the partnering principal for.  

Is the Wilmington decision holding up? 

I can also maybe put a hold on his bank account using the judgment.

fix/flips, buy and hold, short term rentals, wholesaling?   

My end goal is to relocate to TX and in the interim , if I can use this opportunity to hold on to one door as a rental property( my current home ), I would like to assess the financial merits and demerits of the same.

It isn’t always the case.Our team will need direction from time to time especially when unexpected expenses come up.Over the years we have witnessed many investors with magical expectations of making millions within a year (My name isn’t David Copperfield) and that just isn’t the case).If you aren’t willing to buy multiple properties and hold them long term, you will mostly likely loose money.I’ll repeat that for everyone :)If you aren’t willing to buy multiple properties and hold long them term, you will mostly likely loose money.

the INTEREST the company will pay you on the funds they hold.   

When you are transferring from your name to the LLC use WARRANTY deed and NOT quit claim deed.There are different recommendation for LLC structuring-> Wyoming [holding] and State [rental] LLC.

Hello everyone. My name is Seth and I have been doing my homework, trying to learn the ropes of real estate investing. Currently I am leaning towards the market of rental properties, but am staying open minded. I am c...