I have read quite a bit about holding separate LLC's for liability protection (as long as money doesn't exchange hands directly between the various entities), so that in turn only exposes each entity individually.

Inbox me and we can exchange information.

It sounds like a neat idea to just take out conventional loans for small houses and then 1031 exchange it for better houses later on.

Congrats @Joshua Dorkin- What makes Josh great in my opinion is his vision for Biggerpockets allowing a platform to come into being, where knowledge is exchanged freely.

It is easier to do 1031 exchange with your investment property and defer tax and still have adequate protection of your rental property in LLC than in personal name.

overall, I think it depends on your goal. if you goal is to reach 100% ROI, then when your cashflows and net gain on sale add up to 100% ROI, then sell. you can  add long term capital gain or 1031 exchange into the equation. personally, I have a 4plex in las vegas, and my goal is long term cashflow or highest market value, whichever comes first.

HUD gave me 10% over the market value in exchange for my putting in a ramp.

Flips do not qualify for the 1031 exchange.

Hi Karen,I belong to MN exchangers group,Its the only group that I am aware of that is owned and run by the members.Come check it out on April 5 as my Guest.http://mree1031.com/

---------SERVICE ANIMAL AGREEMENT(Addendum to Rental Agreement)The Month-To-Month Rental Agreement (the “Agreement”) dated_______________________ between __________________________________________________________________________, as Landlord and ________________________________________________________________________, as Tenant of real property located at _______________________________________________________, is hereby amended to include the following terms and conditions: The rental agreement specifically prohibits keeping pets and animals without Landlord permission; Tenant agrees to follow these terms and conditions in exchange for permission to keep a specific animal:Conditions for keeping a service animal:_____ Tenant has a confirmed disability as documented by a qualified professional._____ This specific service animal provides a necessary service specific to Tenant’s disability.Name of animal: ______________________________________________________________________Description of animal: ___________________________________________________________________________________________________________________________________ (type, breed, color, age)Veterinarian: _________________________________________________________________________Emergency Caretaker: __________________________________________________________________Tenant agrees to:1.Provide proper care for the animal in accordance with veterinary recommendations or ASPCA (American Society for the Prevention of Cruelty to Animals) guidelines.