Another thing to consider is just maintaining the property, getting maintenance out there, and your team in place to make it work out there.

I am getting started as a full-time real estate investor not as an investor in general.

Old timers on the list may remember when Jon posted as "Wheatie"@J Scott Great advice and never afraid to call someone out on BS.

Other question, how much would it cost per year to maintain a license active in Texas ?

The knowledge shared on this site is invaluable.About Me: I’m a full-time entrepreneur and part-time real estate investor.

I am getting into RE Investing to maintain some control over the numbers, condo investing does give me the control I am looking for.

For my rental properties I maintain a home office.

If you want to start your own property management company, you need a broker's license in NJ.In order to get a broker's license  you have to complete the required class room hours (150 hours) pass the licensing test, AND have 3 years of full time real estate experience (unless you are a military veteran).

I do have one, but I have a long standing reputation with this bank and keep sizable amounts on deposit to maintain status in the private bank.  

fire, but one thing to keep in mind with an LLC or any other type of legal entity: they can be time consuming and/or expensive to maintain properly.