And let's hope he/she is not a real piece of you know what.   

My personal thought on an LLC is that if you actually need the extra protection that's given by registering in a super business friendly state, you usually have someone in your ear already telling you as you grow to a large enough size for it to matter.

If so, make sure to ask the investors if they would consider sponsoring the deal for a piece of the GP ownership.If this is your first deal, be prepared to give a big chunk of the deal away.

As an investor and PM in the OKC the advantage of a PM is they're your "boots on the ground" example is performing property inspections, posting notices to quit, ext.... it's extremely difficult to run any rentals out of state without someone there to be your eyes and ears. of course I'm a bit biased in this situation.

One piece being some verifiable transactions DLP has been a part of.

With rates high and competition fierce, nailing the financing piece of the BRRRR method has never been more important.

Yes I will definitely be asking my lender these questions - I just wanted to see if there was any input from the investor community before I pursued that thot.So far the construction loan is based on my income and another piece of property.

Hey @Nicholas Kania, I'll just speak to the bookkeeping/accounting piece of this.Once you have more than a few properties, you'll want to consider a software.

I'm not making something work that is pieced together and, in many cases, just easier to completely redo. 

I have read, watched and listened to most every piece of content I could find on this topic and I am just not seeing much downside and am seeing a TON of upside.