@Stuart UdisYou forgot to have the Wyoming LLC owned by a Delaware holding company that has the asset then put into a land trust.Then seek 100% financing because you are broke from spending $10,000 setting up this corporate structure to protect the zero assets you have.

This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.

We see ourselves moving to the court de alene area in the next few years.

And now the sales have slowed too, so hopefully turning the corner for a buyers market.Don't forget its an election year and inflation isout of control.

@Max BellinoDo you know the reason to have a charging company in Delaware and a holding company that holds other LLC’s?

Approximately 87% of Clark County (where the Las Vegas metro area is in) is under federal control.

I think Chris nailed it perfectly - you have to take your DD to another level and also be in a position, both financially and contractually, to take control of the situation if the borrower defaults.

Unfortunately 10 units proved to be too much for my property manager at the time to handle, (a mix of them being bad at their job and also that they were just shady) which slowed me down and I had to do some damage control before buying more.But the mix of different strategies and partnerships for financing taught me a ton and helped me learn firsthand how they work, so I don't regret a thing!

Agents can't be controlled.

If your tenant is consistently avoiding communication and not paying rent, eviction might be a necessary next step to regain control of your property.