Do some research and clearly define what you want and the best path or strategies that can get you there.Goodluck and go make it happen

The first step is to define what your goals are. 

I made one before I first started - couple reasons, CAN limit liability if you do things correctly, CAN close under an LLC so the rentals don't go on your personal credit, CAN open credit cards under LLC, CAN deduct taxes from the LLC (but not W2) if you're what the government defines as a "high earner" (which this is really just a socialized government system and discrimination based on income), it also helps me to compartmentalize my personal assets vs my business assets to where I can grow a business separately from everything else.

Will definately look gor options on long D investing. 

As others have said, define a goal for yourself and then work towards it. 

Have you clearly defined your objectives and criteria.

@Joseph De LorimierPre-qualify the property by running a cash flow analysis.Gross income minus vacancy/credit loss minus operating expenses = net operating incomeNet operating income minus your debt service (mortgage) = cash flowYou'll want to define your minimum cash flow requirement and/or cash on cash return so you can evaluate properties using the same standards.If it looks good on paper or on the spreadsheet, schedule a showing.

(Fortunately, we filed as 1065) Or can I define it in operating agreement?

More importantly, you’ll have to define your exit event (ie. sale, refi, etc) within a 5,10 or 15 yr time horizon for simplicity.

Ask them to define “overvalued” you would THINK that means people are or at least have been charging more than it’s worth.