I have a strong interest in various investment opportunities within real estate (flipping, rental, wholesale, land) but need some hands on experience so that I am comfortable with jumping in and taking these risks.

I have a strong interest in various investment opportunities within real estate (flipping, rental, wholesale, land) but need some hands on experience so that I am comfortable with jumping in and taking these risks.

Still looking to build a strong relationship with investor experienced agents locally in the PDX and Bend markets.

My experience has been that as a new LLC/not part of a syndication, you will personally secure the obligation to a credited for the LLC anyway.In my mind, having the LLC makes you think of the rentals as a business-you need an accountant, legal team, property management decisions are more streamlined, and there is some pride in your own business, as well as those are the steps larger operators have as minimum requirements, and makes you ore credible at REIAs/networking events.There are a host of other factors that are constantly debated with strong, valid arguments on both sides, and I’ll steer clear of those to stay on topic to your post.

I'd recommend having a business plan/operating agreement in place, a strong lease that covers all the typical tenant issues that come up such as pets, late fees, adding/removing roommates, breaking the lease, making improvements, maintenance requests etc, and just sticking to it.

They're not making any more parks either so demand will likely remain strong.

@Joseph Lyons congrats on your acquisition.I would strongly recommend you get the water separately metered and have all your tenants pay their own utilities.

I recommend building strong, long lasting relationships with as many people as you can get on your team as possible.

We plan on making a trip to CLE soon to check out thel properties on my strong potential list.

Real estate is a fantastic way to build wealth, and protect it, if you are careful and leveraged with how you buy, hold, manage and sell.I agree that when starting, you may be better off with a strong single family home rental.