I'd rather take a little loss on the front end than have the house sit vacant.

Also, I got in at the absolute best time possible so I'm sitting on solid equity already.

I was thinking something along the lines of getting a business account, credit card, and lines of credit, but just letting them sit until they would be needed at a later date.

@Stephen S. it was willed to her.

That ended the bidding process as the place was simply not worth the money.The house is still sitting completely untouched

that way when the lease is up you are sitting in a better position as far as the season goes?

My actual rentals will sit in a separate LLC that will elect as a partnership.

I want to get systems in place and to minimize my actual hands on and babysitting of other that go with an actual JOB.I want to get to the point in the next few years (under 3) that I have the luxury, if I want, to surprise my son and pick him up from school.To be able to go back to Maui for a few weeks if I wish.To help other motivate and guide others that have no idea that they dont have to bust their butts from sun up to sun down just to get a paycheck and make it to the next.To spend time with family even if it is sitting at the table and playing a card game.I could go on forever, my point is my reason is to be able to enjoy life before it is gone.What is your reason why you invest in Real Estate?

I convinced a family friend to loan me the money instead of have it sit in their checking account making .09 percent interest.

I wonder how many LLCs have been formed that just sit there and do nothing because the person gave up before they started.