She also has a lien on the property from a few years back and owes more than she bought the place for, i.e. she's in financial trouble.

I'm in this to make money, not to hope for the best and take chances.Not everyone is like that though, and with more risk (sometimes) comes more rewards.Personally, (at this time) I'm not seeing a "Bridge over Troubled Water" for a lot of people right now and that means possible opportunities for other people.And every location is different, for instance New York City is under lockdown as well as many other places and that will factor into it too.

I have been researching corporate structures and am getting some conflicting information.A tax adviser is suggesting that I setup an LLC in Wyoming, with a trust as the owner, and with me as the sole beneficiary of the trust.I read several articles that say I may have to register the LLC as a foreign entity in my state, New Jersey, because I would still be "transacting" in in my home state.I read some exemptions on what constitutes doing business though:(7) creating or acquiring indebtedness, mortgages, or security interests in real or personal property;(8) securing or collecting debts or enforcing mortgages or other security interests in property securing the debts and holding, protecting, or maintaining property so acquired;I'm trying to figure out what the bolded section means as far as owning income producing real estate, it looks like it may be exempt?

I believe Dave's initial investments didn't cash flow which is why they got him into trouble. 

Long term plan to accumulate assets/income-producing property.  

I am a travel Physical Therapist Assistant by trade and make great money BUT i get paid way more in my check “PER DIEM” than hourly pay because it is tax free. That said, I have been trying to get a FHA LOAN and got d...

They understand and need to think about how people and spaces interact so what gets produced is something people will desire.3.

Multifamily real estate is one of the most stable, best performing, and best cash-flow producing investments available.

Multifamily real estate is one of the most stable, best performing, and best cash-flow producing investments available.

I have been having trouble managing my properties because of the long list of never-ending things.