You shouldn't have to do this - though I found it very helpful and informative.My PM only operates in a few select neighborhoods so don't think they would work for you.

Howdy All, I wanted to take some time to go over a few wholesale tips that have proven to be extremely useful in the markets where I operate.

@Cody SkidmoreShould you decide to utilize the ROBS 401k to finance a real estate operating company, the following requirements from the real estate operating company side of things will apply.

Most, if not all people who buy out of state and have a bad experience can eliminate or greatly reduce their bad experiences investing out of state by doing the following Don't buy in the roughest neighborhood in the urban core.

I have never operated a franchise, I did look into it.

If you do not get it at your price you walk.Always remember business does not operate successfully on emotions unless a sellers emotions are a weakness you can exploit.

I want to start by building my core team: agent(s), lender(s), contractor(s) and property manager(s).

In a training program I did I was taught to estimate costs at 50% of gross income when analyzing the financials, but after looking through dozens of marketing packages I have only found 3 where reported expenses even approach 40% and most are around 30% or closer to 20% of the operating income.

Can it be argued after having transferred tittle to an LLC all finances going foward weren't commingled and was operated entirely as a seperate entity.

LLC will increase your costs to operate as well as complicate your taxes and mortgage/financing.There is actually very little need for a LLC beyond physiological protection and for that reason you are probably better off not transferring at this point in time.