Hi Salvatore,If you don't transfer the title and the mortgage to the LLC and do all the paperwork to show your LLC instead of your name, then you are still liable for any issue that happens to your tenant if they want to sue you.Mortgage companies in general allow to transfer to an LLC after one or two years.As Bill's mentioned, don't commingle funds is key as well, as soon as an LLC is open you have to open an LLC business account and everything towards the LLC goes there.

But this deal had nothing to do with their business.

I have $14k saved up right now and I have my own business, from which I earn about $1-2k per month. 

I think it is best we work together to find an experienced developer/builder, do you think so?

Another strategy is looking at short term or mid term rentals thats one way to cashflow but it does take more work as your basically running a hotel business but once you figure how to automate things it will get easier at least thats what the short term rental investors tell me lol.

We do want to bring in more business but the most important thing we want to achieve is building relationships within the real estate community. 

There is a chicken/egg problem there because you need the business to need the warehouse and you need the warehouse to have the business.Also, I've thought about finding an accredited investor who would put the money into an oil well on my behalf.

I see a lot of marginal deals (12-18% project IRR) being marketed by less experienced syndicators and I am worried that their passive investors will likely lose money as cap rates start to decompress (and cap rates will decompress - it's just a matter of time).

Hello,Does anyone have any recommendations for an experienced attorney to set up and maintain a LLC for a rental property and that also does title transfers in florida?

Nothing is free and if you can force yourself to educate yourself for free that's good, but what is it worth to have mentors that will actually answer your questions and steer you in the right way, also experienced investors that you can bring your situations to and get help.