I personally advise to breakdown the #'s and see if it makes financial sense.It is true that if you file a claim, that claim will follow your account for 3-5 years. 

@Dane SilchenstedtMost true fix and flip loans will be done by commercial lenders and will require you to be in an LLC. 

As a true entrepreneur, I decided to accept the offer and chase the shinier penny (and accelerate my capital even faster).

Is this true?

House after house and I can show the evidence that everything I'mwill saying is true. 

I found an off market deal that takes a true rehab specialist.

Now in terms of meetings being online, it's all good to me considering I kind of love how much work is actually able to be from home considering this way we won't keep making the earth have more greenhouse gases that are eventually going to turn Vermont into waterfront (unfortunately true, unless carbon sequestration picks up).I wasn't aware that there'd be other newbies as well at most meetings I attend, but it seems that I'll fit right in. 

@Charles Rogers I don't think a true private money lender would have a problem with this.

I just saw a youtube video claiming that if you don"t set it up in the state of the property then you wont be able to do evict a tenant in that state with an out of town LLC. does anyone know if that is true?

And I assume this would be true of any other property type...rv park....grocery store....short term rental.Exactly how does it work