Background: I offered on a condo (still a newbie to investing myself, although this would make my third STR and second in one market), and the same day a second offer came in, higher.

I am in the process of updating my profile on Bigger Pockets and put my first deal in but have done a number of deals since then. 

I suspect they drew you a flow cart and then your conversations went something like this: I need to transfer my properties to an LLC for anonymity.They are told they are not anonymous & that is not asset protectionBut I need it anyway for tax savings.They are told there’s no meaningful tax advantages  But I can get non recourse debt because the LLC is the borrower.They are told they still have to personally guarantee the loanNo, I can get non recourse debt I read all about it.They are told yes, while that is true, the leverage is customarily low, applies to much larger CRE transactions and there are still carve outs.

Hey, there @Hares Najand - Those are all great questions and valid concerns, in my opinion.My first question is, what does the property management agreement say about these items?  

Ive started a mail campaign with properties in my local area( Providence County).

@Isaac Ballew I graduated back in the stone age with a finance degree and found my way eventually in Real Estate after some corporate jobs. 

My owners have my personal cell and can contact me about anything at any time.

This would be a ten year initial commitment of my IRA converted Roth IRA dollars.  

I used a HELOC on my primary residence to purchase a long term rental investment property.

Also, I won't do any buisness this year through my LLC so will I still have to file?