I would say to learn a trade that interests you to actually do and just learn enough about the other trades to be able to assess the proper way to fix problems and make sure you don't get screwed.

are all lawsuit bait.BE AWARE - the state employs “testers” who actively try to trap landlords, lenders and others into making discriminatory statements or taking discriminatory actions. 

Setting up an LLC and keeping an LLC active costs money, not a ton, but it costs money.

But In this case he is moving his property after the deal closes and the likelihood of a due on sale clause being activated is anyone’s guess (I’m not going to speculate on that) but if you listen to @Scott Smith on podcast 109 he points out a lot of reasons as to why a LLC is way better protection vs. just an umbrella policy if set up and ran correctly.

@Rob BiancoAs someone who is also in NY and is an active out of state investor, I can tell you that meeting other investors who have successfully invested out of state will help you immensely. 

My thought is to look out for any illegal activity at your property.

Wife and I want to start and actively support a few charities once we get the ball rolling. 

Be active on this site it’ll open more doors than you can probably imagine 

After listening to numerous BP podcasts over the past several months, I felt it was time for me to jump in and become an active member of the site.  

I have geen landlording for over 30 years, I am very conversant with the tax code as it applies to my rental activity, and I am a seasoned TurboTax user.