Usually takes a week or two just for title to get a commitment to you.

@Christopher TritchShort answer why it is better: complexity and commitment, as well as multiple complications of day-to-day operations.

They are a huge financial commitment and a big risk, especially for first-timers.This is why it is so important to know all of the “pros” and “cons” of fix and flip investments before you decide on whether or not this type of investing is for you.Pro: You don’t need all cash up front.

In the last 6-8 months I have started to get into real estate investing which I’ve always had a interest in but never thought I could do it based on things I thought you needed and now knowing I was wrong in my thinking I have committed to becoming a successful investor with that being said I have paid for one training course but found it not to be as useful or beneficial as I hoped.

First step for you after you invest the surplus funds you have is getting a job where you can make the same money working 40 hours- you will never build a real estate monster if you can't commit some time to it.

How much time are you willing to commit to a problem building?

Welcome @Marie Fries Real Estate investing is exciting and I'm glad you committed to making it work.

The purpose of that time primarily was to ensure that we had no leaks in the water (inlet) system, so that I could be armed with that information once the plumber started with his drain work (I had already committed the bulk of the plumbing work at that location to another plumber).

When it comes to any endeavors that one pursue or plan to commit themselves for the long-term, this question of "why" you do it is very important.There is no right or wrong with the response to the question, but rather it is measure based on the authenticity and realness with yourself.

I'm not an attorney, so take what I'm about to say with a grain of salt...If you're going to self-manage, it's my understanding an LLC does not provide you with asset protection as you're liable for torts you commit and damages you're responsible for in your own capacity as an individual/manager.Adequate and appropriate insurance here is much more appropriate here than a legal entity, but that doesn't mean a legal entity is not important.There are quite a few good asset protection attorneys here on Biggerpockets.