Hello all,I was hoping what’s the best way or options I may have to buy a property for rental use purpose?

Was doing some drive byes on a few properties this morning and stopped in on an open house.

I think it would be wise to consider starting a new non-broker MD business and keep it separate from your FL Broker Business.Make it clear that you're not licensed in MD and cite the exception for property management in all documents.Get County specific MD lease agreements and property management agreements.Find an experienced MD attorney if you need any additional help

We are looking to buy a multi family property close to where we are from for the first investment.

so you have $50-60K stuck in a property worth only $130-140k?  

Our goal is to start with a few small multiunit rental properties and grow from there (thanks @Brandon Turner for the numerous resources in this realm!)

You do not need a separate LLC for each property or a series LLC!

In the past 5 months, we have put in multiple offers on REO, auction, HUD, and Fannie Mae properties, without much success.

Are you competing with large scale property management firms or small scale investors 1 to 3 properties?

The property features two 1,400 sq ft suites on the main level (one currently leased) and over 3,000 sq ft on the upper level, with 750 sq ft already occupied, 3 small office spaces (+/- 250 sq ft each), and a basement tenant with 1,400 sq ft of storage space.The building generates $6,000 in monthly gross income from its five tenants, but with full occupancy and market-rate rents, it has the potential to bring in $10,000+ per month.Given its historical significance, stunning architectural details, and location, I’m curious about your opinion: Would this property be more marketable for sale with or without the current tenants?