I am trying to accomplish the following:- I have 7 properties that have great cashflow that I plan to retire off them.- I want to talk about my retirement plans, if I should form an LLC, if I should be investing in my 401k, etc.I got this far mostly by myself and it’s to the point I need some guidance.

Option 1: buy another “starter” home for around $375k and plan to live in it for around 5 years while renting out the current house. 

California City was planned out around 1960 by a sociologist who hoped it would grow to be something close to Los Angeles in population.  

Hnu,  Congratulations on your plan to become an investor, make sure it doesn't just stay a plan.

How would you suggest someone plan a weekend in the City, and where do you think the investment opportunities are?

However, If you use a bank, plan on a down payment of 20%, that's $80,000 down plus about $5,000 in loan fees and $3500 in closing costs.

I am currently a senior at James Madison University and planning to graduate in May 2024.

I wouldn't get too far along in a plan until you know you can do it where you live.

This is the nested LLC I initially planned on using for this property purchase.

Moreover, due to my irregular income, obtaining financing isn't a viable option for me.Considering the above constraints, my plan involves a different strategy tailored to a specific area in Alabama.