If you have a Colorado LLC, you can register it in MO, or, you can create a new LLC in MO.Umbrella insurance is really easy, only a phone call to your insurance company.

Bigger boxes look very enticing, then again there is some good economies of scale in our market to capture several buildings in a 5-10 block area and create great value there as well.

I’m thinking about putting some money aside for college tuition so I can create a future for her unborn child.

If you do buy the worst property in the best neighborhood, you don't want it to remain the worst property in the neighborhood - there's a point at which you want to do a better job of attracting customers than your competitors, and that's going to be difficult to do if your place is a dump relative to the rest of the neighborhood. 

@Wilson Bunton While I am not a licensed engineer or architect, I do a fair amount of work in AutoCAD and Revit to create sketches and construction mark-ups in my day job.

I am just starting out and my research indicates the syndication will create a LLC so there does not seem to be a need for me to create one. 

There is a reason why Midwest ghost towns got created during the 2008 downturn.

My goal is to begin my real estate journey buy acquiring a multi-unit i can occupy and rent out to cover to the mortgage and hopefully create small cash flow. 

It all takes time, it takes time to build trust, to create healthy relationships with those in your industry & market & it definitely takes time to build a successful business.BP is a great resource for information on any type of investment relating to real estate, you just have to look for it for like 5 minutes.

Hi @JR Lizarraga, I'd recommend doing a free trial of each solution, and creating a list with each, and then comparing the results.