Compared with the S-Corp, the LLC is a more informal organization, does not issue stock and does not have the same rigorous standard for corporate maintenance.

I currently live in a 3 bedroom maintenance free townhome.

Upon last years annual trip to the accountant, our acct. recommended investigating rental property.

Personally for me I would want to find a local deca-millionaire veteran/seasoned investor that has a business plan that is very similar to mine and work for him (small maintenance items, cutting grass, collecting rents, placing bandit signs, researching deeds, etc) free of charge for a month or two as he explains to me why he does what he's doing and takes me with him when he's analyzing and negotiating deals.What I don't like is the fluff in the guru pitches that don't really tell you what to do and make everything sound like it's as easy as buying a certificate of deposit.

Some states have high annual fees per LLC so you are taking a significant hit.

There have been maintenance issues every month.

They will receive a 30% return annually for three years, which is the life cycle of the project.

Hey all -
Thanks to the increased usage of BiggerPockets, we once again have to upgrade our server. I'm sure that many of you have noticed that the site is slow to load from time to time, and that can be attributed ...

whats teh annual operating cost for this site?

They reported something like £7B in annual profits after losses for last year.