@Chris Bounds I totally agree with making an offer on the spot but with this being my first deal I'll probably do want to be more conservative and be on the safe side but good advice nonetheless.Ryan Dossey Homes in this area sell for around $50-$60,000.

I have generally felt safe in most parts of the city.  

Thats very safe passive we pay interest quarterly.

The label should make plutonium look safe by comparison.

Excessive a-holes.....These people risk their lives daily to keep us safe.

I would agree the city should be able to send you some acceptable 1HR rated wall assemblies, the building division at the cities I’ve dealt with in my area have sent me pdf documents for multi family separation assemblies, I just did a multi family and the 1 hour fire separation and STC 51-54 assembly the city passed was 2X4 wall 16” o.c, 3 1/2” roxul safe n sound batts, resilient channel 24” o.c on one side, 2 layers 5/8” type x drywall on one side and 1 layer of 5/8” type x on the other.

Hope everyone had a safe and great one.

Haha) - should I have my LLC set up before making offers on properties or is it ok (as in safe) to do one or two deals before setting everything up?

(These numbers work in my market so I am just using those numbers)$ 8000/ $ 800 = 10 properties   (***Assuming $800 - 900 Per door for paid off rentals)Multiply that by a factor of 1.2 so you need 12 properties to be safe. 

(And if so, is this safe to do without having it reviewed first by an attorney?)