Can we have the homes under trust managed by the LLC?

Also if you have not yet, I would recommend that you start by house hacking a 2-4 unit first

This is by far the best platform to learn from other real estate investors.

@Sunghee Shin we handle over 100 S8 rentals in Metro Detroit area.The main problems with S8:1) Tenants not paying their portion of rent and utilities2) Tenants damaging the homeBoth can be decently mitigated by properly screening S8 applicants.

@Ryan Nelson Most buyer-broker agreements have a stipulation that specifies what the buyer's agent makes, so if the commission offered by a seller doesn't meet that amount, the buyer makes up the difference.

(There is a question as to which my property will be classified as by the appraiser).

I hope to have a million in debt by 30 but along side that I plan on having 100k in 401k and 25k in cash sitting there..just in case.

Hello Ryan, these are some of the kinds of tasks I am thinking about for Boots on the Ground.Lockbox installationKey duplication, meeting locksmiths, digital lock code changesMeeting cleaners, landscapers, tradespeopleProperty walk-throughs via phone and/or video conferencingMove-in and move-out inspectionsPlacing signage on propertiesPhotos and videosScheduling contractors and tradespeople for vacant propertiesStatus reports on contractor/tradespeople progressProperty drive by

You can start by searching your area on Furnished Finder and look at the availability of units similar to yours. 

It seems to me that the legislature is actually targeting equity stripping by wholesalers with this bill.