If you are trying to do this in Newark, you need to know the market of that particular set of blocks so you don't overdevelop for the farm area.

I'm new to real estate investing and looking to connect with local investor.Thank youWhat are specific goals? 

@Greg ReeseMost small investors will benefit by having the LLC created in the state where the property is located at.Creating an LLC in a state like Nevada, Delaware, Wyoming may be better for the big players if items such as charging orders, business friendly case law, anonymity are important to you.However, be mindful that setting up LLC's in those states will add to your costs as you may have increased annual fees for annual LLC fees + registered agent fees.

Tons of returns set this system off: errors, no income lots of expenses, disproportionate expenses, etc.When all that is done, IRS has a budget for how many returns they will put in the audit queue.

Bank financing is very tough for anyone starting out so HML is generally ( unless you use your own cash or cash in your network) the only funding there is.. the goal has to be though moving towards bank financing so you get the best deal possible.. right now I am at 1/2 point and 7% and my bank pays for my appraisals.

My goal is buy/hold.

Other than your payment is NOT fixed, the "charge" for it all is NOT known or set...... 

Send a message introducing yourself, sharing your goals, and asking if they’d be open to a quick conversation.

If not, please PM me the email address associated with your your Stessa account and I will work with Stessa directly to get you set up. 

Depends on your goals and what you’re looking for!