But to answer your question, yes each time you refinance, there are closing costs.

You will also have the need to have annual member meetings and annual manager meetings for the Shell (slang for the LLC).

Of course the bolder the target, the less likely it is and probably less than .01% of people could pull this off.More realistic advice is to get as high of paying W-2 job as you can, save up, put 5% down on a 2-4 unit, manage the heck out of it, and then leverage that experience to do a larger deal using OPM.

Same time, I can let her stay til the family find new home but afraid if she keep complain after lease is terminated.As I have another project, I am ok if they live quietly but what will be the choice if the lease is over and tenant still live there?

Finding a solid property management team is crucial, especially when managing from out of state.Having everything you need under one roof can really make a difference.

I would do 2 to 4 at a time for each borrower..

Many investors and sellers tend to slower pace during this time, anticipating a busier market in Q4.

That said, there would be arguably no business purpose to bringing your family along with you, so even if you are spending the entire time searching for real estate.

Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FCheers from Fort Worth, TX

Then I can make a decision based on the options in front of me.