Insurance will cover the cost of rebuilding.

You could just think of the parent Series LLC as the ASSET HOLDING COMPANY and the traditional LLC as the OPERATING COMPANY.It would require extra costs, since you are involving the formation and operation of an additional entity.

And this would certainly be less money for down payment, closing costs and especially furnishing compared to a larger house and will get you cash flowing sooner!

The other side is a closed laundromat with building and approach that would work perfect.

We don't recommend relying solely on an agent as they're out of the picture after the closing.

If you were to wait until the lease ends, can you afford to carry the costs of the property until sold?

Also, you won't be scrambling at closing time to identify and hire your most important ongoing partner.As far as the other partners, I agree with @Michael Smythe's list above.

Closing in garage to make a full laundry room and a 3 rd bedroom.

It has been super messy and if this doesn’t close the students will be whipped out and loose 100’s of 1000’s of dollars.

Hello all,I gave priority to buying my primary residence given that I rented for the past few years. However, once I get my own home purchase out the way, the next move is to start building a rental property portfolio...