I keep around 5 rentals per LLC and I am in Jacksonville FL where my homes are worth around $300k.I believe that most CPAs will tell you to create a new LLC for every property because that means more tax returns for them :) Having to go to the bank to open up new business accounts for every rental is ridiculous.

Does anyone have nay suggestions when it comes down to screening besides the basics.I know some people like to visit potential clients homes to see if they are clean and orderly, but that can be a bit challenging when we are out of state. 

My wife, Melissa, and I flip homes in the greater Colorado Springs area.

Yeah, so, on rare occasions LPs try to exit syndications but this is possible only through the GPs approval and that all parties involved are on the same page.

If you wait for a long period, you may lose out of that home.

You are renting and you get 40 or 50 requests for “buyers” to walk through your home every day for the next week while the house is auctioned off.

Are there any two-family homes on your block? 

Purchasing the right home every 2 years, then renting it out to someone and purchasing a new home.

Purchase price: $18,000 Cash invested: $245,000 Sale price: $335,000 New Consruction spec home built with the help of a hard money loan from Upright (Fund that Flip at the time). 1420 sqft, 3 bedroom, 2 bath home on 1.8 acres.

Now that my wife and I are looking to buy a primary home in a HCOL city, I am considering representing us as an agent since I hold a license here.