I have set up a holding LLC in WY and plan to put my CA and TX entities within the holding LLC.

Do you think rents will catch back up with expenses?

Hey @Michael Weleski I would recommend finding someone who is in your market doing flipping/renovations and partner up with them (get to/find a local REIA meetup if you haven't already). 

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

That helps demonstrate the property's performance, and it's income you can save up for the next investment.

The tenant I have lined up said that might be an issue. 

Very few people are geared up to transact in English or Spanish I would expect.  

@Kristin CarasProximity from base, condition of the units and your pet policy is pretty important.

We did set up a separate LLC and purchased and manage our properties finances through it.  

Sometimes the eviction goes bad because the buyer/tenant answers the complaint and shows up with badly executed CFD agreements.Looking forward what others in KS have to say about CFD foreclosure.