Teaching your child the ropes and getting him/her involved in their first RE deal is the best education you can possibly give them.

You have a young wife and child coming. 

Get your leads in right and wholesaling is child's play! 

You know, a house is a coutable asset, and Medicaid would require that it be used when a spouse or an adult child is no longer living there.  

Even with that though, I wasn't persistent enough, hence why I'm here now without a rental.11 weeks ago my fiancee gave birth to our first child, and I was ecstatic.

Most of my tenants have great jobs ( and are nice hardworking folks) but all have judgments, garnishments, child support or alimony and cannot get a loan. 

Ending on sort of a positive note, once a buyer has gone through the NACA paper-chase, applying for a regular mortgage seems like child's play to them.

My understanding of best practice is that (1) you want to have your LLC in the state where the property is located to avoid the foreign LLC issues and (2) you want to set a maximum value of the properties in any one of those LLC (3) Finally, by holding the child LLCs inside a holding or series LLC you can shield the assets so only the LLC the property involved in the lawsuit is at risk. 

I can go on for days with reasons, but the main perk for us RE investors is that you can easily incorporate new assets into the structure and ensure they're totally protected within their own child Series.

Househacking a large 4-8 bedroom single family home is just as good, and deals on those properties are much more readily available than small multi-families.Are you considering investing here, out of state, or undecided?