That's why it is important to work with a reputable broker or lender.

Work hard and be niceIgnorance is the consequence of knowing everything (I just made that up)Contractors have more funerals, weddings and broken trucks than any other demographic on the planetDon't be sleazy (I just made this up, as well)

Cross-reference information from multiple reputable sources to ensure accuracy.2.

Additionally, should I consider tax implications, given New York’s reputation for high taxes?

They are unprofessional and irresponsible, this stuff impacts us as landlords and has real-world consequences.

What are the consequences of simplifying the entity formation further by creating the Management Co as a child series of the Investment Entity?

Make sure you consult an accountant that understands current real estate tax law to evaluate the consequences of both scenarios.Everything else Jaron said is 100% accurate and this decision depends on what kind of investor you want to be. 

Do you have reputable and reliable contractor that you can recommend?

It is crucial for investors to exercise caution, conduct thorough due diligence, and seek advice from reputable professionals before dealing with these two .Sief Khafagi wasn't the problem , the problem was Brian and Arda stole everyone's money and used it to enrich themselves.

We are looking for a reputable (and reasonably priced) eviction attorney in Michigan, specifically for the Bay City area, thanks.