it takes some Kahuna's and a lot of cash.if we want title insurance 48 to 72 hours. if there is no hair on the deal.I think the major difference from us West coast guys and a lot of you East coast guys is your so dependent on Attorneys we do NOT use attorneys at all unless we are doing multi million dollar deals that are very complicated. 

One of my sfh with 160k of insurance and 2 million liability is $900 per month under an llc.

X decided to become a Trustee, open his own title company, and become an investor because he found a "loop hole" in the system that would allow him to do what he is doing "legally".It doesn't sound like it should be legal but there are people out there making millions because of loop holes.

I am wondering .... how do you experienced guys feel about putting all your eggs in one basket vs. diversifying across states / international / commercial, etc.We have 1.1 million in SFF and multis in Waterville maine (35 units / 11 buildings).

I had a million and one questions for him and he answered them all.

I guess I thought because I am an out of country investor and it was my first investment in USA and I don't have millions in assets I may be able to avoid this.

There is no guru course or system or ploy that I've seen that explains this area to do things "properly" that is compliant with the intent of applicable laws or setting things up to ensure you can actually perform under a contract.The issue really is education and I guess people tend to be defensive when they are told they are screwing up after they went through all the effort they went to in trying to learn something, I understand that.There's more than a million folks out there that need to make money, desperate people, wanting to learn and chasing the dream.

You have a million opportunities ahead of you that you don't even know exist.

However I have a goal of making a million dollars before the age of 40 and determination even though my age may not allow me to be taken seriously.

There are a million other threads like this.