No matter where you live or where you own assets, I personally recommend the Series LLC to be a great tool for the individual investor who is planning to expand their operation, as it allows for you to scale infinitely with no additional fees.

If you just started out with the goals of achieving 10 personal rentals as quickly as possible, would you bring on multiple partners and expand the teams goals of an additional 10 per person or would you stick with as little people as possible allowing a lower requirement of fitting properties to find?

At this point in time, to give y’all an idea of what I’m doing(I’m from Texas), I’m wholesaling, have a dialer in place qualifying leads, I follow up, I’m in the process of creating an LLC just for basic RE income(operating company), and I’ll expand into either a parent LLC or S-Corp with underlying LLC’s with land trusts that have properties in each of them, along with a lush umbrella policy.

@Mindy JensenThe siding should not be nailed all the way in it needs to be able to expand and contract, check to see if the siding was nail to tight.

Whether that is fixing up, keeping, and expanding the current use, or doing something different.

I’ve got a couple of single family homes in the Worcester area and looking to expand but my current property management company is pretty bare bones and I’m feeling like I have to micromanage my management company.

I've bought 2 rentals just with conventional bank financing and now looking to expand utilizing other financing methods such as seller financing.  

Yea I was starting to notice that I'm a newbie but i wouldn't mind trying to take that leadership role would really like to talk to like minded people in order to expand my knowledge.

@Russell Brazil Are you referring to ease of access in finding lenders (internet, forums like BP etc), or can you expand on that?

Purchase price: $1,000,000 Cash invested: $200,000 A 40 Unit Senior Retirement Modular Home Complex that we're expanding into 100+ units.