I'm a construction cost estimator building my real estate network, and want to offer my experience to the BP forums.I've spent 3 years in residential estimating and 5 years in commercial estimating.

Alternatively, would it be better to continue purchasing new homes with each move (approximately every 3 years) to gradually build my portfolio?

Go to BUILD YOUR TEAM at the top of your screen, and you can search for other MEMBERS or LOCAL MEETUPS.

An annoying fee, yes, and eats into cash flow and profits which is why you likely started on this endeavor, but the lengths people go to try to avoid what is, in the end, only $800 seems excessive sometimes.So, we don't have all of the facts or copies of any documents here, but generally, a trust only governs any assets that it owns. 

You'll have issues with selling.You'll have issues with the county if they find out.You'll have issues with insurance if there is a claim, and they will do an inspection.If it is not legal and documented, everyone will find a way to penalize you and take your money.

Are there any specific steps you are taking to ensure all renovations and repairs are properly documented?

I would recommend taking the time to build construction lender relationships on your own.

So, here at the 6 month check in, here are the things I've been doing since January 2024: *Anchored everything to my WHY, including the motivations and long-term strategy *Joined a local REI group hosted by my church*Researched tax lien investing in Harford County, MD and decided to not play in that space this year*Read a few REI books (Rich Dad Poor Dad, One Rental At A Time, Building Wealth One House at a Time, Wealth Without Cash, Building Real Estate Wealth in a Changing Market)*Subscribed to a bunch of good YouTube channels (BP, ORAAT, Ken McElroy, Coach Carson...)

I would look to house-hack if you are local -or- use this time to build up your financial readiness and see how the next 3-6 months shake out in some of those Midwest markets.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.