@Graeme Harris This is going to very highly by location and their rules.

Looking at the underwriting rules for FHA and CONV investors can only own a certain percentage of the total # of units in order to be eligible for this type of financing.

I've heard the LA market can be very tough from a rules and regs perspective, some great resources here for "long distance real estate investing" that may be helpful if you are looking to get started in a lower cost more stable market for long-term holds

We have created an rental operating agreement for the partners within the LLC.Do we need to consult with the Lawyer or legal team to finalize the operating agreement, so that when in need that document will act as a legal document towards our LLC for the members.

Before diving into the US market, ensure you have a solid understanding of these rules.

I would also bet that the late fee is wrong there as well as we now have the most asinine rule in the state for late fees.The laws are changing increasingly fast so I worry about the ability of BiggerPockets to keep up with all the legislative changes that are going into affect and how it affects the lease!

Bradley from BP created a group on groupme for dfw Investors.

When you say "I spent," "we closed on," "my team," and create graphics that say "closed" and have your company logo as the ONLY logo on the CLOSED announcement it is to give the impression that you wholly own those properties or were at a minimum the "sponsor."

But If appreciation is 10% then I may go with 30Y.Also 30YFRM give flexibility because you can always pay like it is 15 years, and second, as the value of the money is decreasing, then.....it's always good to go with longer duration as money going to be cheaper but would create more value in the future in term of wealth creation.Having said that, at most of the time, the longer the duration would be better ....better inflationbetter risk/rewardI am almost about to say I could buy house for the reason of we are having 30Y fixed rate.

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.