Ask for a gift from parents as downpayment or go in with a trusted person 50-50.

Luckily, her parents had some cash lying around and they paid off the property. 

Hello all! I suppose this is my introductory post, so here's the introduction: My name is Mariah.  I'm originally from Seattle, but currently live in Houston with my husband (who is originally from Detroit), our beaut...

My brother and I have a rental home in Los Angeles, CA we inherited from our parents.

My parents live in Lexington, VA.

I often had to remind tenants (and their helicopter parents) that life is about dealing with people who are different and we don’t always like.

My parents live in Mobile and my husband and I are investing in a commercial property in Mobile.

I am curious, I was told that a way to protect yourself legally and financially in real estate is to put each property under the protection of an 'LLC' so that legally if I were sued they could only come after my company's assets and not my personal assets.Could I make it like a holding company where I would eventually have many properties under a parent company or would each individual property have to be its own company?

I'm currently considering taking on something small in my hometown of Mathews Virginia because I know local contractors there that are friends of my parents, my dads best friend owns multiple rental properties in the area so i plan to pick his brain before I close on anything and its also what im most familiar with/ is in a good school district and is one of the cheaper areas in Virginia to live in as long as its not on the water.  

And honestly im in a unique position where the little downtime i have is spent visiting my parents or girlfriend.