View report*This link comes directly from our calculators, based on information input by the member who posted.Hey everyone, 25 year old Orthopedic Surgery PA in Staten Island, NY, looking to garner my first investment in the world of real estate.

Previously, I let one LLC own 2 properties and share the bank account but it was a pain keeping track of which expense was for which property.

You are in a world of tax pain doing that.  

The town now has it assessed for $1.1M which he fought the whole way through the process as he is a lawyer and knows the system and can do it himself for free and has gotten no tax relief.

Painful lesson to learn.

Trying to figure out what their pain point is to see if terms might help. 

The prepayment penalty could be painful if rates drop within the next decade.

What a pain to have to do this every year.

Every market you go to will have growing pains associated with learning the market nuances, finding the right team, and finding the best deals.

Its a pain to do any work with tenants in there, don't get me wrong, but it does not need to pass before advertising it for rent.