I'm looking at a house that could be flipped and held.I'd also like to have the extra acreage it has and block it off for RV's to come and hook up, I'm however confused on if I should purchase this property as an LLC(which I haven't created yet) or if I should buy it as my personal estate and just rent out sections of land.

Individuals can get involved in real estate without much oversight.

The short of the reasons being-- I've never heard of someone wanting to move to Memphis (speaks to desirability), the market is too high of a renter's market for me (speaks to less owner-occcupants which can affect quality), if I were to have bought in Memphis it would've been 5 years ago when the deals were better before the hedge funds and individual investors ate everything up, and for current times, there are just higher returns and nicer deals (in my opinion) in other markets.

----CURRENT PROPERTY INFORMATION--****PROPERTY IS LOCATED ONE BLOCK FROM PRIVATE UNIVERSITYProperty built in 1935 (BRICK)4 two bedroom one bath units1 one bedroom unit in basement which is a legal unit (due to age) though no egress windows are presentLaundry area in basement containing 2 washers, 2 dryers4 lockable Storage units in Basement4 car garageCondition: (based upon my knowledge of property, haven't inspected as of yet)GARAGE ROOF: has many layers and though doesn't appear to leak as of yet, it is in need of replacing.BUILDING ROOF: appears to have two or more layers on it, and does not leak, though it will eventually need replacedWINDOWS: 26 windows, mostly crank out old style with small panes.

The addresses of both property are very similar and are three blocks from each other.

Always looking to network and meet new, like-minded individuals.

You can go from nice homes to very poorly maintained homes in a few blocks!

I'm then going to the state website (where the entity is registered) and digging up the names of individuals.

You've came to the right place if you're looking to connect with like-minded individuals...I'd highly recommend you check out the BP Podcasts and stay active on the forums!

Mainly joined to network with other investors in the area and possibly find a few individuals to partner with on some future projects.