Are online websites such as Legalzoom or my company recommended to start my LLC or is there a better way to go about it?

Here at Carrot we see about 30k real estate investing leads a month come in from our clients 100% online so it's been cool seeing the process that is working for people.

There's conflicting evidence on the first $5,000 for a "passive" real estate investment online and I couldn't tell if the $5,000 rule is only in effect for "active" investments.3.

You don't have any repair costs (unless this is your other) and your turnover costs are light at $400 total.

Jim,May be able to fund via a hedge fund,  What is total cost?

Cap ex and repairs seem low at 10% total...

I found this form online that seems to be sufficient.http://www.cslb.ca.gov/Resources/MechanicsLien/ConditionalWaiverAndReleaseOnFinalPayment.pdfAlso, what do I need for taxes?

I would definitely recommend for you to get your license if your debating it, it’s not a difficult course and it can be done after work.The base knowledge you get from taking the course is really valuable.I took courses after work at a Coldwell Banker branch ( Oak Brooke) and the teacher was amazing.They offer very flexible hours- I personally took the night class ( 6-10 pm) 4 days a week, for a total of 90 hrs.

Monthly Income:$1,150.00Monthly Expenses:$750.72Monthly Cashflow:$399.28Pro Forma Cap Rate:7.32%NOI:$9,156.00Total Cash Needed:$30,000.00Cash on Cash ROI:15.97%Purchase Cap Rate:9.16%Total Monthly Income:$1,150.00x50% for Expenses:$575.00Monthly Payment/Interest Payment:$363.72 Total Monthly Cashflow using 50% Rule:$211.28

Dunno...Unless there's some "magic" way to find such properties other than by checking the public records available on line (go down to the courthouse or recorder's office?)