@Dan Thomas I actually feel the same as you regarding LLCs.

Their response is always, “oh I forgot, I’ll pay today”, but they never do.I’m an extremely reasonable landlord and it’s starting to feel like they’re taking advantage. 

That being said, I fell out of my chair when I was able to lock an individual investor (personal name) using a 1031 Exchange with about 50% down and 800 credit scores at 6.99%.

I have read and watched a lot about it so I have surface understanding of how it works, but I feel that I do not really know much about details like tax implications , among other things that could influence my decision to start investing.

If the tenant situation is stable, personally I would dump the money in and keep it for the long haul.

Please feel free to message me and I can certainly help you take your real estate investing to the level you’d like to see. 

Can you tell me your thoughts on the Downtown area and what you feel the best zip codes to invest in there are and why?

I was not sure the legality and tax implications of using personal assets to help fund LLC ventures. 

Patrick Faherty ,Russell Pitts I have bought several properties through them and have not visited in person.

The Howey Test defines an investment contract (a type of security) as a transaction where a person invests money in a common enterprise and is led to expect profits solely from the efforts of others.