@Candice JensenYou will want to have a conversation with an insurance agent along with an attorney to discuss what the costs would be to obtain liability protection.Please note that there are added barriers to lending when opening an LLC.

Feel free to contact me to discuss financing options. 

I have acquired a rooming house about a year ago in Calgary, AB and I am looking to connect with fellow investors to discuss the topic.

However, how to conduct transactions and banking within the LLC is probably best discussed with a CPA.

I would be happy to discuss more if you had specific questions about my experience.https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-dealBest Wishes!

Be sure to reach out or stop by our booth so we can discuss the process with you.

that may factor in.I forgot to mention in my earlier post, if there is a chance that the building codes/zoning laws in the locations have changed you should discuss Ordinance & Law coverage with the agents to cover the additional costs to rebuild if the changes require it.

We just talk RE and discuss deals.

PM me if you want to discuss more!

We have a closed FB group and one of the most discussed topics is which lenders are great and which ones are not.Side note, you can have a bad experience at a great bank, when you work with a different loan officer!