I am interested in learning more about wholesaling to generate cash flow, and buy and holds particularly in the mobile/manufactured homes niche. 

Its had its ups and downs, but I've come to really love the idea of the "passive" income it generates. 

Ospina That was also  my thinking was that if it's a building wide issue and likely a developer problem, it'd be cheaper if we just re-piped the whole building and get a bulk rate which would be cheaper than individual owners doing it.I think the condo felt that it was only affecting some units and would be a pricey one-time levy to fix something is affecting only a portion of units.

For individual units, the cap rate isn't too bad at around 2-5%, especially considering the appreciation, but I feel like I have money stuffed under the mattress with the large amounts of equity I have built up in them.My end game is to leave Beijing and move to the SW U.S. when I retire from my current career within the next 5 years. 

Eric,As I am not a lawyer, take this with a grain of salt.My understanding is that an LLC is ideal for many investors when the business itself generates a certain amount of income, usually under $40,000 per year NET.

My understanding is that the mentorship information that you'd be paying for is largely generic, but maybe tailored a bit for individual state laws.My comments are not based on actual experience from any "apprentice course", but mostly from the cautionary tales I've read on many different threads here on BP. 

That means that they would not file their own federal tax return; the activity would continue to be reported on the LLC owner's tax return (in this case on your individual tax return). 

Keep in mind that each KW is an individual franchise so they will vary a bit from brokerage to brokerage. 

Looking to explore options for owner occupant lenders outside the conventional limits that borrow in Chicago to high credit/income individuals with under 20% down.

@Michael John what you should consider is “can I turn $300k around into a more profitable property that will generate more than $2500/month”300k allows you to put 20% down on a $1.5M property.