Currently, it is at about 77% LTV, based on the appraisal. 

If Y remains independent, any legal or financial issues it encounters won’t directly affect the parent LLC (X).

@Eric S. new britain. that is your answer. i invest there. i spent my whole life in CT besides the last few years. i know the area well. i own a few multi-family properties there currently. i went CCSU in new britain and lived in the town for 10 years. its an incredible source of cash flow and, in my opinion, the current mayor is doing all the right things. i actually see growth happening in that town, compared to the rest of CT that is struggling. happy to help in any way i can. just let me know!

This will give you an idea of what kind of budget you can take on and in turn, give you an idea of the kinds of properties you are currently in position to target. 

Currently have multiple projects in SB with some nearing completion.looking forward to meeting some local minded people.

In most markets at the current rates, the property is negative cash flow after extraction of equity via the refinance. 

I have a little over $120k to invest but need a bit of direction to know where to begin.

This is something I am currently learning from top to bottom. 

I have a full time job currently that I feel like ive been at too long to quit.

C-Corps usually aren't a preferred structure for real estate.I know that with a self directed IRA all of the income has to come back to the IRA - read another way - you can't take the profits from your investments and access them today (so no passive income that you can utilize in the near term).