If rehab is needed, you can either use conventional rehab loan to finance your rehab costs or open a line of credit on a property that you may have then use that line of credit to fund your rehab expenses.

The idea is to truly be an INVESTMENT manager instead of just a half assed “property manager” collecting rent.

owned by Relianse Extv LLC which was never owned by a Quianlt investments or a David Gerlt.The only file I can find on record is they were a lessee to Ace hospitality managers

The recording can typically be executed within 2-4 weeks of closing with the title company, there is a typically a cost associated with the recording.Any similar experiences or cautionary tales regarding the use of an LLC for an investment property or STR acquisition?

@James E.Hi James,I'm not a wholesaler... just an investor who has dealt with wholesale deals.My broad perspective is that wholesaling is a marketing job - where the wholesaler (on the surface) is trying to help a seller, but ultimately is trying to do that in a way that ends up costing the seller more money than it should have, had the seller taken more traditional means to achieve that sale.  

They suggested while the property is vacant it is easier to repair, which costs 10-15k. 

It's a good idea to consult with a property manager or do thorough research on landlord and tenant rights, as situations can become litigious quickly.

The house hack cash flow should more than pay all the costs and throw off profits.  

Hello BiggerPockets Community,TL;DR: Looking to house hack up to 4 units in NJ/NY using FHA loan + 203(k) rehab, can handle 3.5% down payment + closing costs on my own (+/- $100k-$150k)I’m a new investor in my early 30s looking to dive into the real estate market with a strategic approach.

Not aware of how construction cost are looking in Milwaukee, but I'd talk to a couple of contractors/developers in the area.