But, you know, there's tons of stuff that falls under the umbrella of 'properties' and 'real estate'.

Meaning that if a tenant falls in an apartment that is in an LLC, the tenant can sue for anything the LLC owns (equity that builds up in your property over time is an asset the tenant can go after) but not anything you personally own outside of that LLC or anything another LLC that you are a part of owns.

There’s so many options when your a wholesaler because you are the one with the deal....if you have deals everything else falls in place.

@Alex Day, if hiring a PM turns it from a wobbly return into a definitely negative return, I suggest it should be sold - to another owner occupier who falls in love with it!

We find that winter and summer months are huge, but fall/spring suffer greatly. 

Not missing the first snow fall of the year already, thats for sure.

You'll probably still fall a little short so save some money to bring you the table when it comes time to Refi.

There are other reasons, too.Practically, it's very difficult to get a deal under contract and many/most fall through.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

Thanks for your response, John Fall