I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

Which means I may well have been the only person foolish enough to bid on it, among the billions of people with internet access.On the other hand, the fact that the owner didn't pay taxes since 2018 is not a big red flag.

I personally use my HELOC for down payments on homes and then quickly pay if off, this allows me to always have a liquid down payment source on hand.

I am a board member with CFRI, the local chapter for the national REIA and I personally know about a dozen private lenders that are members.

I personally don't believe that the property will continue to appreciate or see the rent growth that it has seen over the past few years.Based off of the surface level information, what options would you go with and why?

I am familiar with the meet ups happening in the area (and eager to join those) but am looking for something more personal, formal and consistent (bi-weekly?). 

The question I have is should I use my personal name in the letters or use a company name with logo and website?  

Hey BP, if anyone in the Phoenix area is interested in grabbing coffee and discussing real estate, mindset, or personal growth let me know! 

That's solid advice Melanie - thank you!

As my avg rental period is <8 days, and I have <14 days personal use at the property and believe I can meet the material participation test, this should be a non-passive activity.Specific Questions on Material Participation:1) Do hours logged for material participation in 2022 include time prior to placing the property in service (i.e. first half of 2022)?