It allows for passive investment and can be easily divided among beneficiaries after your parents pass away, helping to avoid disputes during asset distribution.This strategy helps manage long-term care costs and simplifies estate planning, ensuring a smoother transition for beneficiaries.

Rather than go to a law firm, does anyone have experience utilizing Angel List or similar platforms for legal documents, fund management, etc?

Connect with a lender who is knowledgeable in investing, a property manager, attorney, contractor, etc. to build your team in your chosen marketFinding a great investor friendly real estate agent will be important.

I would like to have a property manager run everything for me as well.

This is a brand new construction and is located on a flag lot.

Because if not, now you are reliant on contractors and such, and there is a significant learning curve in this industry just around how to manage them and not get exploited or ripped off.  

Hey Sangwon, I'm a local broker and investor in sacramento, and I manage 100+ investment properties, mostly Airbnbs. 

Simplified administration makes it easier to manage under one main LLC.4.

Purchase price: $196,000 Cash invested: $8,500 Sale price: $325,000 I bought this home as a new construction home and made it my primary residence for about 1.5 years.

The RTP area, comprising cities like Raleigh, Durham, and Cary, is an attractive option for several reasons:Strong job market and population growth, driven by the tech, research, and education sectors, ensuring consistent rental demand.More affordable home prices compared to Charlotte, allowing for better cash flow from rental income.Areas like Cary, Apex, and parts of Raleigh have newer construction townhomes/condos that fit your criteria.Potential for long-term equity growth, as the region is seeing steady appreciation.Some recommended areas to consider near RTP:Cary (especially newer developments like Amberly)ApexNorth RaleighDurham (for slightly lower prices)Charlotte is also a solid option, though it may be more expensive:Strong financial/banking sector driving job and population growth.Higher home prices but potentially higher rents as well.Newer townhome/condo developments in areas like Ballantyne, University City, and South End.Robust long-term equity growth potential, but higher entry costs.