Hey @Ky Perez , I recommend you read The Multifamily Millionaire by Brandon Turner if you haven't yet.

By investing time and effort into building a strong network, individuals can create a supportive environment that not only enhances their personal growth but also propels their professional endeavors.

I'm a slow and steady wins the race investor that has little by little bought single family rentals (combo of long term, mid term, and short term). 

Investment Info:

Condo buy & hold investment.

Sale price: $325,000

Bought my first property 2020 for my primary residence and was able to purchase another property in 2024.
Moved into the new propert...

With say $20k in cash-out, and $65k held in escrow, you could recycle that $20k three times over by completing work, ordering a draw from your rehab loan, and receive those reimbursed funds for completed work in 3-5 business days.I walk through the whole BRRRR process with clients via purchase-rehab (or refi-rehab) loans, and then DSCR refinances once work is complete.

The tech and manufacturing sectors have grown by 15% and 12% respectively, complementing the hospitality and medical industries. 

While rental ROI appears to be attractive even after carrying costs, the 11% transfer tax when you sell seems like a turn off.

To me that means an account owned by a trust and that would be an unusual account in which to hold security deposits.When I had a SF property manager, they typically held the security deposits. 

You can also save a lot of time by spending money on products produced by others.

So you would have to get a commercial loan if going straight to the LLC - which usually has worse terms (shorter rate lock period, shorter amortization schedule).USUALLY, you can borrow personally and then deed it to the LLC after the fact and as long as the LLC is owned by the borrower you won’t trigger a due on sales clause.