I recommend getting a few under your belt before you get into heavier rehabs

I would recommend starting with something fairly small and close to turn key or with minimal renovations required.

@Gabriella NataldieWith $10k in savings and $8k in hospital bills I would not be buying a multifamily propertyA roof, hvac system or major repair would wipe out that $10k.Closing costs alone on the property would be more than $10k.While it’s awesome to be ambitious, I recommend focusing on saving $ and building up enough capital so you can comfortably afford to buy a property

We’ve had a couple recommendations but aren’t sure what to do regarding an LLC.

Given that, I love to hear from you if you had any experience in this space, and what is your recommendation...

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

I would recommend trying to sell the property that you paid for with all cash.

Hoping that things get better but so far I would not recommend them. 

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

Then get several more local flips under your belt and when you have a team of contractors, consultants, etc. ask them for recommendations farther afield.