I'm looking to get started with my first multifamily rental property.

I don’t know if this is unheard of but my relinquished property listed and was under contract in the same 1st week of July-2024 and sold 25th of July.

I’m a new investor and have begun using the rental property calculator on bigger pockets for my market.I’ve only analyzed about ten properties so far, but I am getting about negative $1000 cash flow per month for most of the properties and negative cash on cash return.  

May I know what lender or banks for HELOC do you use for home equity line of credit or equity line of credit on rental properties?

I am interested in pursuing the legal structure of creating a land trust that owns the investment property and the land trust is within a WY LLC.I have spoken to NCH, but I was wondering if any of you have recommendations of other companies that can help setup this structure for houses outside of WY.Thanks in advance**I am NOT looking for comments on why this is useless, unnecessary etc.

The slab and walls in reality likely add no value to the property.

I do not have property management experience but am looking into courses.

Understanding borrower experienceRewards - being in first position you are in control of property in case of default.

We have a rental property and did not provide a washer or dryer. 

The property is in Fort Worth TX which is a fast growing city.