Since you are starting off, I would suggest you sit down with a nice Mortgage agent who is willing to teach you about how to set up a portfolio from the start that allows you to grow past 5 doors. 

Hi, Andrew,Yes, if the LLC is set up correctly, you will be able to protect yourself and your assets.

The typical setup with a Rent To Own requires a lease agreement between you as the homeowner and the tenant/buyer, and a separate option to purchase agreement. 

If you are getting 15-20% IRR (which is fairly common) then you will be set up pretty well to keep growing your wealth 100% passively. 

The loan was sold to another lender in March - we had autopay set up with the first lender and apparently it didn't transfer, thus resulting in 2 months not paid (March & April).

The loan was sold to another lender in March - we had autopay set up with the first lender and apparently it didn't transfer, thus resulting in 2 months not paid (March & April).

I just got my LLC set up last week and am trying to find connections with other real estate entrepreneurs to help me out along the way and bounce ideas off of.

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/files 9.Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsGood luck investing and let me know if I can be of assistance.

For reference the listing says “This property could be set up to be a DUPLEX if permit is obtained or can be used as a single family home.”Located in Norristown PAThank you in advance!

They chagre ZERO recurring fees like other places do, only a one time set up and reg management.They not only manage the property as you would exspect but also seek ways to imporve value and cashflow.