@George Bell my LLC's do two main things:1) Hide my identity, so tenants can't easily find me. 2) Separate my business and personal assets, income & expenses, not so much for tax purposes, but to avoid IRS issues.-- Just audited by IRS this summer for first time ever and had no issues!

@Gary R UrenIf the property is zoned for only one home you most likely will not be able to do thisPossibly it could be 123 main st unit a vs b but that is a post office issue and good luck dealing with the post office on this issueI would talk to them and put to mailboxes in the front and see if they can separate it by A and B unit

What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

No one is going to insure you with knob and tube so you need to focus on selling or doing the rewiring.

DM me if you want their information.

Meaning, automatically turn on power when a tenant leaves...Or, is this to difficult with multiple power options.

One tenant decided to move out, giving me the opportunity to renovate that entire unit for $15,000, which included furnishing it.

@Brady Hales @Jason Marino, aren't you supposed to register this WY LLC in the state you are living in as it is considered doing business from that states and then losing the anonymity purpose of that WY. my understanding is that the reason to put it into a irrevocable trust is for asset protection purpose as you do not own these properties anymore. what am I missing ?

The median home price in the greater Austin MSA dipped by 3.2% to $430,000.