You need to determine how much asset protection you gain from the LLC versus how much you lose through either paying higher insurance premiums or taking the risk of not being covered when the time comes.

@Michael KaminskiIf your existing home is on the market the bank could do a traditional bridge loan which is short term and gives you time to sell your home - just want to make sure you have plenty of equity that when it sells it can pay off that loanWhat state you in ?

You might want to create a list of 50-100 prospective properties that meet your criteria using a tool like PropStream, optimize it, and then market to that list up to 30 times a quarter.

A little about me: I'm a two-time combat veteran with the US Air Force.

There is a six-month redemption period in Michigan and there isn't much you can do until that time frame is up.  

Thats weird... we provide similar letters for clients all the time... 

As I'm sure there will be folks in NJ and in the MTR space in general reading this thread, I think it's a good time to showcase the amazing people here.

Ohio markets show up 3 times in Zillow’s 2024 hottest markets, with Columbus and Cincinnati taking the top 2 and 3 spots.

During tax time, I deducted as much as I could.  

I'm curious with already-in-place commercial tenants, besides checking that they are paying on time, is there any other due diligence you do on the tenants before purchase?