Age: Mid 30s, job: decent and secure, pays all the bills now, goals in real estate: to build a passive income so that the job (over $100k annually) becomes optional.

I have a tenant with a substantial security deposit who stopped paying rent.

Granted no one should be charging you origination fees upfront other than maybe a credit report.

damn, 120% that crazy im just stuck now trying to find funding for a deal im working on that would be my first seller financed deal if I cant secure funding im gonna have to trash the deal since the seller doesn't want all cash upfront.

One being that I want security in retirement and  steady flowing business when I retire from the municipal job.

They are underinsured believing that a n llc is some magic shield.If you go the llc route then sit down with the proper professionals and understand exactly what you need to do to make it a viable llc -the ongoing work it entails-and not one of the majority of slap-dashed llc’s that do nothing but give people a false sense of security and accomplishment.I do not have my buildings in an LLC.

It feels absolutely empowering to know that there are sooooo many like-minded individuals looking to secure their financial future in the art of real estate investing. 

I’m in the Peoria area also and have an identical background to yours, except I was with Palm Springs PD in California then moved out here to get into corporate security with CAT.

Also, whatever route you take, keep in mind: if your investors are completely passive you're offering a security and need to work with a securities attorney.Best!

Would I qualify for a first time home buyers grant after my divorce and my name taken off the current mortgage?