It was a 6unit multi & the Apt #'s had been set since 1972.

My rehab budget was $7k so I recorded a $97k deed of trust / mortgage coinciding with the closing date from my generic sounding s-corp I use as my mgt co. 

You also may want to look into an S-corp instead of an LLC. 

Originally posted by @Victor S.

I invest in FL and TX, where appreciation might not be a s high as in LA, but the cash flow is significant and much higher than in core markets. 

Loser was me with invested capital for one year and i could have made 19 percent parking in a S and P fund lol

@Eldrick S.

@Nima S. wanted to follow up to see if there are RE agents/brokers with experience in helping out starting RE investors acquire small MF property in Queens- specific in areas of Sunnyside/Woodside/Maspeth/Flushing etc?

@Thomas S.  

@John Meyers You might want to connect with @Adrien S. who runs a successful group near me in Northwest Indiana.