I don't want to continue renting, but it also seems that in most places where I'd want to live, cashflow isn't really an option if I ever move out of the area, which I would like to do in 1-2 years.Real estate is expensive in my area (DC/NoVA), and multi-family units run $600k+. 

(At least at first)My initial plan was to create an LLC that outlines the terms of the equity structureOur goal/hope is to continue to acquire properties together over the coming years, but I will most likely be putting in more capital over timeDoes this seem like a reasonable approach to take?

@Frank Leone I'm looking to buy multifamily properties in B or C+ neighborhoods that need rehab or have another value add feature available.

Regrettably, you continue with personal attacks.If I understood your position - you're saying that AZ or any other state would simply honor the statute of the state where the Series LLC was formed, Texas in this case.

I spent fathers day weekend and the Fourth of July tiling a bathroom and will continue to work at it till this project is complete.

I have done months of research and analysis on properties in the Saint Roberts, Missouri area (65584) and have found myself continuously landing on the same property. 

Professional caretakers milking benefits have a long history of lying about the severity of conditions to help people like this stay in the home and continue making a living off them.If you really think this woman is insane, no one is being served by keeping her there except whoever's pretending to take care of her.

Of course, technology has been created, and will continue to be created, that will make home buyers' quest for property easier if they choose to go-it-alone, but the fact is, the technology that we have today provides insight that is far too generic to be considered "valuable" in my opinion.It all comes down to 2 things for me:1.

Make 100 offers and maybe 5 of them will continue onto possible sales.

I've taken close to $100K of cash out through refinancing and am using that to continue investing.