Ive heard some wont let any single LLC have more than 200k of equity (if it holds more than one property), at that point theyll utilize another LLC, refi, etc.A route ive chosen to go down is, I have a parent LLC in Wyoming which owns the LLCs in each state and Ive decided to do a new LLC per property as Im going after a bit larger properties at this point otherwise Id stick to the rule above.Next ill be starting a trust up that controls all of this.

Fellow agents:Would love to hear your thoughts on having/using an "ideal client profile" in your business and sticking to it (i.e. turning down business if it does not fit your model)Fellow Investors: I recently had a friend reach out asking for my help in finding a property to flip. 

I would likely stick to friends and family.

Make your decision and stick with it. 

Because it's for a beach house, I would prefer to stick with non-upholstered kind. 

Fort Worth was attractive but I chose to stick around Uptown.

You have got to have a criteria for the kind of properties you want to purchase and then stick with your criteria.Also, how I would calculate my numbers a little different:Gross Rent = 900- 50% = (450)NOI = 450- HOA = (220)- P&I = (262.61)Net Income/(Loss) = (32.61)Keep in mind 50% is just a rule of thumb to screen the properties that aren't worth wasting your time on.

I will stick to the forum.

Rest of board was trash since it didn’t have the groove.5.Laminate suppliers quote the price of transitions by the foot but only sell 7.5ft sticks and transition pieces are very expensive.6.When you turn the water on for the first time….

I had a Realtor whom I have a great relationship with stick his neck out for me to get the deal done so I don't want muddy those waters for future deals.