@Armand DixonI have already found a tenant, screened, and filled out the RTA packet.

You can identify the property and begin the purchase process while still in first place, just like you can start to look for a new renter to back-fill your vacancy.As for price, the general criteria is that the property needs to cashflow.In your case (trying to save money and build an equity snowball that grows larger from property to property) you'll want to start more conservatively to keep the total cost down.

The owners of the LLC would guarantee the loan making it a safer bet for the lender.Hoping other members can fill it the gaps I left open...Best of luck to you!

This will impact other cities one way or the other so please help and take a minute to fill out this petition.

Owners may want to think about a form that the resident fills out at renewal that updates all of this pertinent information.  

I know of a few - as @Chris K. asked, is there some specific need, so that you are given somebody who fills that need better?

Your agent could have better reassured your concerns by adding that: While the new laws (RESPA, TILA, TRID, etc) mean that the borrower is entitled to a new level of privacy (which you'll appreciate when you're the buyer someday) the attorney's JOB for the bank is to make sure that the numbers behind the ALTA are accurate and filled out properly (according to the law's 96pg guidebook)...

But this is a great thread as I said to talk about both sides of the issue.A management fee in the above scenario would work fine and probably be fine. but if it was my first deal I would just do what it takes to get it in the door then fill up my experience bucket

There are many that will fill your head with nonsense.

Nevada creates a lot of entities and you can find a nexus service business which will fill this need for you.search google for "nevada nexus service"