The income that you are generating either falls on a schedule C or you have it incorporated in an LLC which is a K1.

Examples could be:       a - Sandwich Lease Options      b - Using LLC's to make offers and sell the LLC instead of the property either before or after the LLC closes on that purchase (many ways to do this)     c - and many more.2 - Invest in a different market. 

The cash invested includes all fees for loan, 1031, LLC etc.

BRRR- I could purchase the property under my LLC and find a lender to fund the deal.

Can I sign a contract with property manger through my LLC as and receive income and charge expenses through my LLC?

@Ryan Cleary - Please verify that there are seperate meters for unit for water and electricty and that the tenants are paying for them.Porter's Property, LLC  

Then I want to get a LLC and website to start my own business.

I now have a buyer for it, but want to do a quitclaim deed and transfer it into a LLC before selling it next month.Is this a good route?

Just seems suspicious that they "forgot" to tell me about an account they opened for my LLC that I don't want.PS - I just received the $86 invoice for the mountain of checks they sent me and I'm extra annoyed.

I have a million questions on things like tax implications of out-of-state investments, whether or not to use an LLC, and more.I'm interested to hear how others approached this, and what order you decided to build your team (as well as when you purchased your first property in relation to this).