Anyone who is a first time home buyer, likely isn't equipped with a downpayment or a solid profile right now in a precarious time as unemployment ticks up. 

That statistic is an indicator that local industry wages can't hold up to home valuations which is a recipe for disaster in my eyes.

It was the ideal time for short term rentals to open back up coming out of 2020.

I would try and have 10% as the bare minimum for reserves but 15-20% is ideal. 15-20% of 200K is 30-40K so plenty of $$ if something comes up, you never know.

IMO the main benefit is anonymity if they are set up properly.If you register your LLC in a state outside of Maryland, then be sure to register it to do business in Maryland.

Hi Ralph, welcome to BP - I grew up in Newburyport if you know the area.

I need to read up on how to handle the condo maintenance or how to handle fees related to listing, etc. 

Which allows you get up to 80% liquid.

For example someone trips and falls and hires the "strong arm" to get them "the money they are owed" the strong arm does a quick asset search of what is owned by the property owner (the LLC) and nothing shows up.

To set up a successful stand alone wholesaling business - and by that I mean a “contract flipping” business, is possible but requires a lot of capital, contrary to what the gurus teach.