I would like to know what the opinions are of how to go about building the legal structure(s) for multi rental units, the possibility of a trust as owner of the per unit corporations and then maybe a multi investor member corporation as beneficiary of the trust.Thoughts??

I’m not a Dr. or big corporate guy making 6 figures either.

Our corporation owns a house in Los Angeles near Venice and La Cienega (adjacent to the hot Culver City area).  

I've known that I'm not meant for the corporate hamster wheel for a decade, but have ignored that little voice in my head because I was taught that going to college and joining cubicle life is what you're *supposed* to do.Debts$30k in student debt at no more than 6% interest (most under 4%)$15k in credit card debt at no more than 13.5% interest12% of my gross income going to 401(k) with no matchPrimary residence payment is 15% of gross household incomeNo car payments; none plannedAssetsCashed-Out on equity of Duplex #1 to purchase Duplex #2 and to improve cash flow on #1Purchasing and renovating Duplex #2 to increase monthly cash flowExpect to have $15-20k in remaining funds after #2 purchase/reno$25k in an untouchable (per hubs) "Oh Sh*t" fund$7k in stocks that could be liquidatedDisclaimerCredit card debt was due to two back-to-back major unplanned primary residence expenses when we were only on one income.

Freddie's LLPAs are basically identical, almost like both corporations are under federal conservatorship or something.The easiest way to think about those is to add them up, and that's how much it would cost to buy the rate down to what you'd get on a SFR owner occupant mortgage.

Hi all,My question to all of you who have made the jump from corporate jobs to investing full time:- EXCLUDING money, what were the biggest / most unexpected challenges you faced?

Meaning I did not change the properties into the Corporate name or mortgages. 

My problem in my last corporate job. 

Meaning I did not change the properties into the Corporate name or mortgages.

Let me explain, I own a Flooring business and I have it set up as a corporation.