Just courious how many other there are out here investing in rolling tin cans in the Houston, TX area?

Amount of starting capital you can put into the deals to keep the ball rolling;3.

We have a lot of plans with what we will do with the profit (we are rolling the 30k profit into two more financed rentals via 1031 exchange).

If your asset LLC rolls up into your manager LLC and pays you as the investor you will have a little less administration over all of the business activity.

They make it sound like you do just a little work and you'll have $10,000 checks rolling in.

Alright, so this is my situation: I have a team of contractors that are ready to roll as soon as possible.

The STR schedule E vs schedule C debate rolls on.

@Mark Nolan I completely understand your point, but we are looking for our "cash cow" when we are 42 (17 years too early for the IRA) and to get the ball rolling early I'd like to use the cash in my IRA.

Does he have rolling balances for any tenants and how large are they?  

Keep the 401k where it is, you can roll it or cash it out later.