Hey bigger pockets, if you had a chance to go back in time and talk to your younger self and give them advice what would you tell you ?

Hopefully I can contribute at some point in time to your journeys!

My apologies for not getting back to everyone in time.  

Plus, you could alway apply for a statuary conversion to a C/S-Corp at a later point in time as your business grows.)Additionally, as you buy more property in CA, or wherever, the "Management, LLC" is the only company actually doing business that state requiring registration - OH, CO, FL, etc.

is renting out condo's in miami beach a good idea at this point in time?

Don't forget that by investing remotely, you will initially be at a disadvantage by not having an intimate knowledge of the area.

That is why I recommend people look at their first 5-10 deals as a part of your training process...and if all your split was from every deal is 10-20% of the profits you'd till be making out because of the experience you will gain.Generally the experienced investor will have tons of relationships in place that you will be able to leverage that will save you 10,000's in time, money, and trial and error.Hope that helps...PS The best thing about a mentor in your local market is a great mentor will know the market well enough to know a deal without having to use guess work, they typically understand the little differences in neighborhood that might cause a radical drop in house values of homes that might look like deals, but  are really "Money Pits".

I want the degree, but wonder if the cost (in time and dollars) is too much at this late stage.  

Note investing is a relatively intimate, relationship business, and the conferences are one of the best venues to find experienced investors to JV. 

Hi Won,You have to get lucky to get someone to comment on this post who knows each market intimately to give you great advice or to rate them.