But, an LLC will not limit you from liability in total.

I’m sitting on 15k and I’m unsure how and where to start investing.

I’m *thinking* that if I start renting my original property this year and move to the new house as a primary, those repairs can be deducted?

I have about $300 on my credit cards (just finally paid them off for the most part, and have about $20,000 limit).My cash on hand is relatively light, but what my plan was was to find some single family homes in the north Detroit area (currently anywhere from $40-$60k and put about $15-20k tops into any repairs or fixes (not looking for total rehabs, mostly something I can do some small repairs here and there and paint, personally I am knowledgeable about renovating up until complex electric and plumbing).

So your competition is getting larger as a landlord.Traffic and infrastructure are starting to have issues keeping up with all of the building.

Would you recommend someone starting their RE journey who wants to primarily do buy and hold, Brrrr, and flipping (secondary) to apply for a sole proprietor or start an LLC from the start?

It showed on my credit report as a credit card with the max credit line at the project total, because the bank financing it structured it that way.

I have always had a passion for real estate investing just never known how to get started.

I totally agree with you.

It totally reminds me of how naive I was to the demands of having a child.