going to depend on the season and if your utilities are electric or gas . also will depend on the energy efficiency of the home 

It just depends on your strategy.

Just depends on your circumstances. 

Depending on the costs of the properties, I usually stick to 1 LLC, 1 million liability policy on each propety through property insurance and an umbrella policy of a few million (depending on the number of properties and totall estimated value).

@Christopher Lombardi I feel like we just saw each other over on LinkedIn- small world 🌎Depending on the portfolio creating a Captive might make sense.

State - it depends, you can have real estate transfer tax issues / re assessment issues. 

Join investment clubs, go to local real estate events, and use internet resources to make connections with other members of the SLC real estate market.Market Research: To find communities and property types with potential for value-adding possibilities, do in-depth market research.

The fact that you went to the internet about this should say something.

If you do a search for LLCs on BP, you'll see a range of opinions - it depends on your individual situation and risk tolerance.For 2024 if you have an LLC you have to file additional paperwork with Corporate Transparency Act or face fines from the IRS.

That could get you enough to do the whole renovation depending on what you plan to spend. 4.