Sorry for the rushed planning.

What type of investing do you plan on making your primary focus? 

Scope of Work - Prepare a detailed scope of work outlining the renovations or repairs you plan to undertake.

I'm wondering if I need a different contract in each state that I plan to invest in and use a private money lender to fund a deal.

. :-)I plan on renewing the plan when it expires in July.

If you plan to pay it off after that 3 year mark, you won't be penalized. 

No one who has actually made a $1 million on one deal is going to have a plan that works for you.

There's no right answer to any of this, it's just what best fits your preferences and the deal you have in front of you.My go-to is private loans from friends and select family for a number of reasons.

Hi everyone,I'm planning to open an LLC soon and begin buying and renting out multifamily properties in Massachusetts.

High Maintenance Costs: Escalating maintenance costs can erode your profit margins.Change in Neighborhood Dynamics: Shifts in the neighborhood that negatively affect your property’s value are a red flag.Better Investment Opportunities: Selling might be wise if you've identified a more lucrative investment opportunity.Cash Flow Necessities: If you need liquidity, selling a property can provide a significant cash inflow.Tax Implications: Sometimes, selling can be advantageous for tax reasons, especially if you can benefit from capital gains tax laws.Personal Financial Changes: Changes in your personal financial situation may necessitate liquidating assets.Retirement Planning: Selling investment properties can be part of transitioning into retirement.Portfolio Diversification: Selling might be necessary to avoid overconcentration in real estate.Legal or Regulatory Changes: New laws or regulations can impact the attractiveness of holding onto a property.Ownership Challenges: If the burden of ownership outweighs the benefits, it may be time to sell.Real Estate Market Trends: Anticipating a downturn in the market can be a reason to sell early.Interest Rates: Rising interest rates can reduce the pool of potential buyers and lower property values.Property Value Appreciation: If your property has appreciated significantly, taking profits might be smart.Lifestyle Changes: Sometimes, personal life changes dictate a shift in investment strategies.ConclusionDeciding to sell an investment property is a complex decision influenced by market conditions, personal circumstances, and future investment goals.