Buying a multifamily property is essentially buying a business—income minus expenses.

Depending on the market you're interested in your looking at a mil++ for a 4-plex.

I registered in Wyoming as many do but just ran across information saying that in order to “conduct business” in NY in having LLC owned rental property, I must now register as a foreign LLC with NY.   

Repairs are going to be very dependent on the specific property.

I assign my daily tasks (1 business and 1 personal) to account for 50% of my task points for the day.

I  have about 220 leads after my team ends in my list and I have 3 options:1) research and   implement an interactive voice response technology to pick up calls for me when my team is off shift2) Pick up calls myself after my team's shift (this. risks breaking the systems I implemented in my business and also enforces a bad habit of working "in" my business3) Do nothing.

But it you really want new financing you  should look into either a standard fannie/freddie investor loan or a DSCR loan depending on your situation

We can get past problems and find hidden possibilities if we keep an open mind and look for other ways to do things.Real estate investing is a people business, so remember that.

But even if that theory is correct, your business is dealing with a general overheard burden that local investors don't have.- you can't swing by to really understand what's going on. - this leads to management inefficiencies and waste- you have to rely on other people's judgment- you have an overhead cost burden for doing things remoteIt is tough enough to organize a carpet & paint rehab remote (ask anyone who did it the first time), let alone a full-scale BRRRRR.

New to the rental property/landlord business here.