In either case and if you will you debt to acquire the real estate, it must be non-recourse financing.

I am pretty new in the world of real estate.

If you haven't done private lending on your own yet, I highly suggest you read my book Lend to Live: Earn Hassle-free Income in Real Estate with Private Money Lending.

Build a team:- Commercial RE Agent- Lender- Contractor (for any updates/repairs you'd like to do)- Insurance Agent

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

How do PMLs evaluate the potential of a real estate investment differently from banks?

Relax by the beach, soak up the sun, and dive deep into real estate knowledge, all in one extraordinary event.

Based on your inputs, I think simplifying to a single management company and starting with a single holding company makes sense and then I will add additional holding companies as my portfolio grows.Nathan - on the $1m in equity per LLC portion, would you split properties up into separate holding companies based on type (e.g. residential, commercial office, commercial ag, etc.) or would you keep multiple property types in the same holding company as long as it's under $1m?

Is an estoppel certificate something you want to do only for commercial properties or should you also do it for residential ( duplex, Triplex, quadplex)

Quote from @Richard Schubert: Quote from @Regina Blake: Hi, yes Ohio is a great place to invest in real estate.