Usually after the second house closes and they get their profit back, then they start talking to others about it. 

I am now on my second but looking to keep this one as an investment (really good bones).

Secondly, you will be less likely to face appraisal issues if you're listing at or near the top of the market to get the ARV you need to maximize profit. 

When tenants move out the tenant with one space will have the option of being assigned a second space and the then new tennat will only get one space.

(Yes, due on sale clause risk, but I've lived with that myself for years without any issues.)3) The equity from the property should be the contribution from the first couple and the second couple should contribute cash such that each party has equal contributions to the LLC.I would definitely have a real estate attorney help you with this as it is too complex for an on-line LLC creator.

I'm now a licensed real estate agent with Exit Realty Metro (MN) and Homestead Realty (WI)) I am by no means rolling in cash (and proudly enjoy Sports Clips haircuts and obsessing about airline miles for my vacations) but real estate has helped me catch up on my retirement savings and provides a nice second source of income, which helps me stress less about taking on as many clients in my day job (or charging those clients a ton of money).My day job: I’m a political consultant that has managed campaigns, led field programs, designed trainings, or consulted on over 50 campaigns in 18 US states and 8 countries.

I thought I’d take a second and relay the events the led to this transition, and hopefully it can help anyone going through something similar.My wife and I started investing just over two years ago, and at the moment we have 15 units.

My father owns 3 town house units in Hazel Crest, IL and he has had pretty bad tenants and he constantly is fixing something they broke by himself.

I second @Paul Baldasaro on Rockland Trust

My limited experience suggests that it should be around $230-$240k, but I'd sure like a second or third opinion on the matter.