Ok, now that you have taken your initial step, below are some quick links to get engaged.http://www.biggerpockets.com/starthere http://www.biggerpockets.com/ubg http://www.biggerpockets.com/meet Setting up Keyword Alerts How to Use @Mentions on BiggerPockets 25 Tips for Real Estate SuccessREI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.http://www.realestate.com/advice/buying-your-first-investment-property/ However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

I'd Love to read some more about 1031 Exchange any recommendations?

@Janann Chan Welcome to lesson 1 for foreign investors in Detroit. -( and I wont say I told you so)Your lease with the tenant will define who is responsible for DTE.

Below are a few important real estate goals of mine , To become financially freeTo work 20 hours a weekTo take the burden of property ownership off the owners shoulders in exchange for cash. 

Buy and hold gives cash flow, tax benefits, and appreciation which can be leveraged into tax free exchanges.

Thank you all for the exchange of ideas and discussion as they are very helpful.

This is the reason you can’t buy a 1031 exchange replacement property from a relative. 

You'll want to clearly document the exchange of shares etc.

We invested recently into DST-s as part of 1031 exchange.

California will charge you ~$800 for each LLC, I hear even if outside the state.Meanwhile, it’s best to have the LLC registered, whether domestically or as a foreign entity, in the state you are doing business.