Before we hired the property management I was able to review the lease documentation and had no issues with it.Even though I don't even live in the same state where the properties are located, I thought this was a reasonable request.

I had no idea real estate investing would be this complicated.

Assuming your LLC will be taxed as a partnership (which it should be for rental properties), and it had no expenses and no income in 2019 - then no tax return is required.

You would be surprised how many transactions I saw from out of state investors buying $8000 - $20000 houses on Buffalo's up and coming East side that had no copper plumbing, wiring, doors, or windows.That being said, there are some very nice places available in certain areas that are undergoing a resurgence.

My first property I purchased in all cash, so had no problem obtaining it with my LLC.

We had no idea to what extent, but 5 acres on Lake Charlevoix and with three potential dwellings/rentals on one parcel, it would be a cash cow How did you find this deal and how did you negotiate it?

Money was in escrow and we had no pre-approval contingency clause.

I had no prior experience landlording, nor did I know any landlords.

The exact same things if the cash flow was high and the area had no growth

Also, during the sale process, my real estate agent did not specialize in multi family purchasing and had no idea how to structure a lease, negotiate the sale or even what the property should be listed it.