My first task is to create a Texas Series LLC and I would appreciate any advice about how to do this.

I have a series of questions I ask everyone over the phone when they first contact me...if they pass my little interview I tell them the available showing time is.

The amendments also expand the list of entities that may qualify as accredited investors, including by allowing any entity that meets an investments test to qualify."5Among other categories, the SEC now defines accredited investors to include the following:Individuals who have certain professional certifications, designations, or credentialsIndividuals who are “knowledgeable employees” of a private fundSEC- and state-registered investment advisersIndividuals holding Series 7, Series 65, and Series 82 licenses are now included as accredited investors.

You do not need a separate LLC for each property or a series LLC!

Private lending on nonowner occupied property is regulated by the state through a series of laws called usury laws.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

During 2015, I set up a Texas Series LLC to hold my 8 single family home rental properties.

@Meenakshi ChopraYou might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider:https://www.biggerpockets.com/...

We get impressed with those Television Shows that make it seem soooo easy.

I realized, there is no destination, but a series of stops along the way.