If cap rates rise to 6.5% you won't do as well, but you won't lose your shirt. 

You can still lose your investment in the LLC.

As a PM, we deal with people's most heated topics - their money and their homes. 

@Alvaro Diego SequeiraLLC doesn't give you anonymity typically.They can easily lookup who owns an LLC.People who loses a property this way have have multiple opportunities to save or redeem their property.

Living in California, you will lose your very low property tax base if you do a 1031. 

it looks legit but wanted to hear from other people as well.I'm looking for a recommendation for a good spreadsheet for multifamily.

I would also recommend building out your team, and attending local networking events to get in the room of like-minded people.

How to build an inexpensive house that people want and that makes investors a lot of money.

Now it's more uncommon to rent by the room in Philly simply due to finding people willing buy into that situation.

My other rental people ask for a lower price and I meet in the middle.