However, we found that by leveraging a local property management company and trusted professionals in the area, we were able to successfully manage our properties and generate a steady stream of income.Keeping the property as a rental can have its advantages, especially when the property is in an area experiencing significant price appreciation.

It's the American way.

Make sure you are working with an escrow/title company what is used to working on assignment scenarios.

I recently talked to a tax preparer that claims I should keep the properties in my name then use the LLC as a management company.

This is not to say an experienced sponsor has bad deals, they will, but an investor typically will not only get 100% wiped out but if the company also took bonus depreciation the LP's will also have to pay that money back to the IRS, so its a double whammy (not an accountant but one may be able to chime in more on this).If you are a LP and invested in a syndication that has bridge debt, I strongly recommend you watch it very closely.

I live in Midland TX which is dominated by the oil and gas industry and contemplated on purchasing a house or building a duplex to rent to a oilfield company.

I am not sure if you are an American Football fan, but the term that comes to mind is when the punter kicks the ball "too well" and allows the return team time to set up a solid return.

The remediation company came out and just today removed the rest of their equipment.

to be honest, most people here is getting large downpayment after selling company stock or withdraw from 401k.

Has anyone here used a VA company?