Typically, there are attorney services in your state that only charge a couple hundred dollars to form an entity.

In which case the LLC won’t help because you own the LLC.

I've already done some small time cold call mailers to some local multifamily homeowners in my area.

I address it in detail in my book, but here's the short version:1.

Landlords are going to have to fix these properties, and with many cities looking for affordable housing solutions, these owners may be in trouble.Renting appears to be more in demand, and is currently cheaper than buying.

The price points in your area are doable for you when you pass that second year.

And now your building a community and reputation with the BEST finance-$ there is, PRIVATE-$.

Analyze each city's rental demand, property prices, and your personal goals to make the best choice.

Been to a couple in Brooklyn.

But these do have drawbacks, typically in lower LTV, prepayment penalties, etc.