Mine didn't see me needing the protection of an LLC until I grew larger but advised liability insurance.  

As I work to make RE income replace my W2,  I I've been studying and analyzing larger apartment deals (attending Michael Blanks forum next month as well) and MFP's. 

They were the best tenants I ever had.

I am not considering selling the place but I bought it 2 years ago and NYC market has been pretty flat ever since.I have an outstanding balance of 460k$ on a mortgage at 4.3%, which is 30 year fixed.

Additionally, I'm not sure if the 40 hours of coursework that I will have completed would ever expire or not.Sorry to use BP as a glorified Google here, but I couldn't find much about this on my own.

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

Thanks in advance for what ever insite and advice you can give.

It'll be the best $35 you've ever spent!

@Gordon Starr:Have you ever gone through the Lot Links program, or the Montgomery County Land Bank?

If you have taken those into account as well as specifying some percentages of the monthly rent to management (in case you ever want to relieve the responsibilities), capital expenses (roof, furnaces), and vacancy, and still have a good cash flow then it would be interesting to look into further.