I am kind of jaded towards colleges right now, I've probably listened to to much Gary V and those types of guys, but its all about the effort you put in and what learning style suits you.

Guess you could kind of call it a wraparound mortgage? 

My debate I am having with myself is should I consider managing my first property or two so I can gain the experience (Been there done that, got the t-shirt kind of deal) or should I put my faith into a management company from day one, freeing my time up for other opportunities?

Assuming there are 6 people in the lease agreement already (maxed out), how do we know whether more people are secretly living there if they never notify the landlord and every time the landlord is scheduled to pay a visit, they can either tell that person to leave for the day or they can lie about it and say he’s a guest.

You can visit the Louisville Woodword facebook page for photos and more info.

You have two sets of possibilities, one this forum can help you with, one it can't.Financing, what are the major terms, what kind of lender are you working with?

The risk of not knowing all the existing encumbrances (all kinds of liens or other interests ) - on the real property is really huge.

However you'd be out the LLC filing fees in the latter situation, so the LLC would appear to be disadvantageous if viewed solely through the lens of income tax compliance.If you're looking to avoid tax I'd suggest you read up on a "like-kind exchange" aka a "1031 exchange". 

Austin and the surrounding areas (Cedar Park, Round Rock, San Marcos) offer lots of opportunities for rental  properties, and offer great places to visit.

Hola amigos, I am looking for lender recommendations in LA, me and my wife are very interested in real estate and want to take the first step towards owning our first property, either to move in or as rental property, still undecided.I'd like to know why you recommend that person and in what kind of project they helped you with.Much appreciated in advance!