Hi All,I have two door's and am collecting rent on different apps like venmo and cash, but I want to open an llc and collect rent on through that.

Feel free to reach out and I'd be happy to share more insight with you.For traditional buy and hold investors, long-term rents are up 1.3% year over year... not bad considering how quickly they jumped between '21-'23. 

Has anyone identified an emerging market where you can BRRRR while cash flowing on S8 rentals?

Reach out anytime if you're interested in connecting and discussing the multi-family market in Duluth MN area or surrounding.

It would be a cash out refi situation. 

I personally like the Midwest for its affordability and cash flow potential.

It would likely kill all your cash-flow.In my opinion, filing + advice for someone with that portfolio size should be less.best of luck

@Josh WellsRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

That's usually paired with a downturn in the market, so those houses to cash out go down in value.if I was younger, had less cash, I'd leverage strategically to 8-10 units, sell 2.

I'm really interested in learning about wholesaling land as I hear it’s the best way to get your foot in the door when starting out in the real estate world.