I have a 3rd LLC (non retirement) created in NV, working on buying RE in Detroit, MI. once the purchase has consummated, I file the foreign LLC filing with MI state, do i need to file for FINCEN too??

LOL) that week just flew by, too busy trying to buy gifts for this Christmas party at my friends house, and too many last min change of plans...

Therefore, I am interested in buying him out, but before I do I want to understand if it helps me or hurts me in my investment journey.I would be buying 60 acres for $260,000 and it would cost me $60,000 for the down payment and closing costs. 

I'm thinking maybe the best route would be to work and save for 2 years, then buy a duplex (maybe with FHA loan) and rent one side out.

I was fortunate to buy it when prices were much much lower and got a great deal on it so we don’t have a mortgage on this building but if we did the cash flow would help with that as opposed to taking a distribution at the end of the year.

I primarily focus on buy and holds in the short term rental space across CO and I have my first motel under contract right now. 

Eg. the real estate agent who helped us buy the property and who is now helping us list it for rent? 

Hello,Anyone who invests in Jacksonville Florida have experience with buying SFH's in the area that were built in the 1940's and 1950's? 

I’m in the process of buying my 3rd property, which will be my primary residence for my family and I, it will be our permanent home for a lil while.

Investment Info:Small multi-family (2-4 units) buy & hold investment.