Thank you so much Jeff Sechrest, im grateful for you sharing your knowledge for me. its people like you that makes me want to continue my journey no matter what also for me to able to share knowledge one day on this website.

Also when you buy in Class A areas, you'll want to see what the rent growth is since that's supposed to be one of the main benefits.

I think that you sound very conscientious about the value of each of their times so just continue be as honest and forthcoming as you can with each of them.  

I want to make sure this deal is mutually beneficial and I want to sound like a professional (although I'm a newbie) so I will continue to search the BP forums for tips and advice.

My next steps are to continue building a portfolio of solid SFRs and hopefully soon branch out into multifamily properties.

I wouldn’t permit this to continue if I owned the building, so I’m having a hard time determining how to value the place.

I don't want to continue renting, but it also seems that in most places where I'd want to live, cashflow isn't really an option if I ever move out of the area, which I would like to do in 1-2 years.Real estate is expensive in my area (DC/NoVA), and multi-family units run $600k+. 

(At least at first)My initial plan was to create an LLC that outlines the terms of the equity structureOur goal/hope is to continue to acquire properties together over the coming years, but I will most likely be putting in more capital over timeDoes this seem like a reasonable approach to take?

Regrettably, you continue with personal attacks.If I understood your position - you're saying that AZ or any other state would simply honor the statute of the state where the Series LLC was formed, Texas in this case.

Knowledge can he;p on negative thoughts.If you are thinking about purchasing use that place is in an area of high demand, has a growth in population and jobs, and will have easy access,  close-by amenities with walking distance, and has no restrictions by the City that have been approved that may reduce your planned income.