I just wanted to get other people’s opinion on how they handle it.Thanks in advance!

It should be handled like a business.

So maybe that MHP is set up to handle that amount.

I have a GC who handles most of the work but ill occasionally hire my own subs to handle things as well. i generally think my time is better spend focusing on acquisitions than on managing a construction project.

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

@Greg Grant You need to get a better handle on the numbers.

My end game goal has and will always be long term passive income (Buy and Hold).

One should always be careful when handling a sword.

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

@Morden WaltersI have the name of an attorney in Newington that handles closing, refinancing and evictions.