How will life look today and in the future when you take regular steps to prepare for each success?

I recently spoke with a CPA - Mike Plactere who deals with the town of Brookhaven regularly.

My friend @Dave Van Horn hosts a Philadelphia area mastermind.There are also groups such as DIG and HAPCO, both of which I recommend, that have memberships composed of investors from the Philadelphia area.

Finally, I have no idea who your property manager is - but if they placed a good tenant who pays regularly, and you've had minimal repair calls, why would you get rid of them? 

My experience has been that as a new LLC/not part of a syndication, you will personally secure the obligation to a credited for the LLC anyway.In my mind, having the LLC makes you think of the rentals as a business-you need an accountant, legal team, property management decisions are more streamlined, and there is some pride in your own business, as well as those are the steps larger operators have as minimum requirements, and makes you ore credible at REIAs/networking events.There are a host of other factors that are constantly debated with strong, valid arguments on both sides, and I’ll steer clear of those to stay on topic to your post.

@Atchut Neelam- thanks for the  good  question - most " mainstream "  or  " regular  "   lenders  will not  lend to a LLC  entity .....you will find  options  with the  non QR  and  hard  money  lenders 

We have this issue regularly since all our cabins are in the mountains. 

This is probably one of the dumbest pieces of advice I see here on BP regularly, and here in Illinois it also isn't even legal for those of us with a license since we have to disclose that we have an interest in the property.

My regular person is currently out of town. 

I have factored in a regular eviction and I am 100% ok with that.