If you’ve got several units you can reasonably expect some to keep collecting rent, assuming you follow basic principles in terms of selecting a market, setting attractive market rates, seeking the best tenants, etc.

I.e. if you grow your base to the point that you have 10 flips going on at once, and can't keep them all going, rentals become a more attractive option.Now onto my reply: just because you create an LLC and have an EIN doesn't mean you get a business line of credit.  

Private loans are usually a bit more attractive but difficult to get unless you have experience or someone in your network willing to lend to you.

You want your property on the MLS in a market this hot so that you can attract the most buyers possible. 

Being able to be an attractive employeer benefits wise to have & keep good workers.

Their numbers on a couple of metrics looked attractive.

25 years ago I bought an income producing farm with land and a house. 

So, my question is, if we transfer money from our refinance into our newly formed LLC, would that make our LLC more attractive to a lender for a first time REI investment?

I’m currently a freelance television producer looking for a secondary income stream and came across this website after seeing a video posted on YouTube from Bigger Pockets. 

You may also want to only buy in nicer neighborhoods, so you are attracting tenants that are more likely to take good care of your place, keeping turnover costs lower.Lastly, just listen to a ton of podcasts and read as many books as you can.