/ESTCONFERENCE CALL #: 712-432-0075 CODE: 991745Mastermind/Accountability group for support to help start off 2014 for greater success.DISCLAIMER: I'm no expert, just trying to facilitate getting a few like minded people together to achieve each person's specified GOALS!

I'm new to the whole real estate investing, but it has been on my mind for quite a few years.

I would also like to know the whole story.

.$6k in NET income monthly with this investment would be unrealistic to achieve IMHO.

The bedroom walls are all painted different colors and I wanted to paint the whole house in one neutral color with another neutral color for the trimming.

You MUST be involved to make sure systems are in place and you're achieving results.While passive income is the goal, the way you get there is different.

You could put the whole $20k down on 1 $80k home.The number of properties is insignificant without establishing your other goals first.

The sale of an LLC is not a sale of real property it is the sale of a security since that is what you are selling, shares in the company whether in whole or part.

It all depends on what you are planning to do with the home and how much you are willing to pay for it, as to whether the repairs are worth it or not.That being said a door usually isn't a big deal, the whole thing can usually be replaced for less than $250, but I doubt it needs to be replaced.

We rebuilt the whole interior of the house from all the systems (plumbing, electrical, insulation, drywall ect) added a bedroom and bathroom.