@Mark Buskuhl makes a good point on the cost of credit, a HELOC is very in-expensive to secure the credit upfront versus what I learned about the BRRRR method is two things 1) typically can't go over a 75% LTV on a cash out refinance and the origination fees are infinitely steeper than a HELOC and can end up in the $1000s. 

I've heard from several out of state-focused investors recently, their experience has generally been that paying the "premium" for a Turnkey service comes out as a wash financially versus trying to go at it alone in an out of state market.

If you are renting by the bedroom on one side it is also a completely different situation because effectively you are renting out 2 one bedrooms versus a 2 bedroom. 

In terms of “safest” approach I would rather take the approach I stated above versus doing a commercial loan likely with a 5-10 year ballon and 20 year amortization by going commercial route as I think the risk of loss is higher being in this type of financial product versus having the business ownership questioned in court but I respect that view.

I've had PMs in the past all tell me it's easier if I don't have one, but that's more for them being able to get the repairs dealt with themselves versus having to coordinate with my warranty company.Sorry to bombard you mostly just with articles, but those are the more detailed answers.

For inexperienced investors who don't have contacts with the REI world yet and maybe just find comfort in the point and click interface versus having a conversation with a live sponsor.2.

Even with those types are sub sets of asset types, states cycling at different points versus nationally, different price points cycling at various times,etc.So you have to define a plan and be a visionary with what you are doing now and where you see things happening in the coming years and planning ahead.

Hi All,I am about to pull the trigger on my first 20 unit property. The expenses + T&I equate to 40% of the monthly total rent. My CoC return would be 9.2% which I think seems decent in today's world. Here's the q...

You get into a better neighborhood (a place you would live -- I think its incredibly important to invest where you would choose to live, or could live in if needed) and get 24/7 hands on training of a property (versus showing up after the problem has occurred, e.g. a roof leak, crime, etc.), and STILL make your numbers on cash flow.I never encourage anyone to pump their brakes -- if the numbers work and it looks good, ACT -- but for someone in your situation, I think you would be better served taking a househack approach versus buying a mediocre property in a bad neighborhood, and hoping a lot of things go right.Good luck young man -- I only bring up the above as a Devil's Advocate.

I know there are many LLC-related threads here, but thanks for starting this one.Two questions always arise for me when it comes to LLC:(1) what is the overall benefit versus the cost/time of maintaining?