We see a flip as ideal because we dont want to tie up all that money, and we dont have an easy refi route, as there are 2 of us.

@Michael Randell for the most part I fit in with that group's opinion, until about a month ago when interest rates fell off a cliff and the 10 yr hit 2.5 again. 

Ideally this partnership would repeat over and over adding more properties and benefiting both partners.

The trust and the LLC are the owner of the asset/real estate, so even in the scenario that they guess, they guess wrong.Now of course, when you're just starting out, it may not be ideal to abide by all these pillars of asset protection because they do cost some money to put in place, but as your real estate portfolio grows, the value of these principles goes through the roof.

The trust and the LLC are the owner of the asset/real estate, so even in the scenario that they guess, they guess wrong.Now of course, when you're just starting out, it may not be ideal to abide by all these pillars of asset protection because they do cost some money to put in place, but as your real estate portfolio grows, the value of these principles goes through the roof.

For example not living in your ideal neighborhood, a little longer commute to work, one less bathroom, etc.  

GA and FL have good markets as well, regardless do your own research visit the markets and decide which market is a good fit for you..

Outdoor features include a large BBQ area with wet bar, the Boiler Room is a two-story brick warehouse space that has been converted into a modern gym with state-of-the-art fitness and cardio equipment.

They know what I am looking for and call me when they stumble upon something that fits my criteria.

Ideally, the rents would cover most/all of the expenses thus lowering your cost of living and accelerating your savings rate.