I keep all my property separate (llc or personal) I have several rentals now.we, or I, don't like DEBT. so overages = when I can pay cash or enough down.it helped that I moved from a city that 1-2bedroom condo started 450,000+ to a 4-5 bedroom single family for <200,000 townI am not like most investor here...

That would eliminate the need to raise cash now to buy it.

First of all, I'm 21 years old in Birmingham, AL, about to graduate college, and I have no debt.

When there are past due property taxes and no one pays them, the county has a procedure to sell the property or the tax debt.

How about IF I am getting $100 monthly net cash flow out of this door after all expenses including debt service, then I am making $1200 a year on one door with none of my money.

Debt or Equity.

There's a law of diminishing returns to how much risk is eliminated as you increase the reserves.

a small minority get rich in real estate through pure tenacity and luck, vast majority that are able to 'make it big' already has strong foundations (i.e. capital).If you're already gotten as far as med school, the smart thing is to finish it, get a real job, then use the high income to leverage low interest debts for investment.Jumping ship this late in the career game from a high trajectory track to something like real estate with no experience or other foundation is a calamity in the making.

I know this is an old topic, but new NC law has legislatively eliminated L3C out of existence.

Further eliminating the need to sell off in bulk in a capital positioning event.