Adds a lot of expense to maintain the LLC and you risk paying a higher tax rate.  

I was able to meet lot of great folks, drove around everywhere checking out different neighborhoods (low income to high areas) and properties.Loved the diversity, and was very impressed how well maintained and clean the city was.  

As Bill said, a multiplex would be great if he's concerned about being able to get a primary and rental, but overall housing stock is low and that is especially true on the multifamily front. 

Is flipping comparable to day trading in stocks ?  

Home owners group together to maintain the continuity of the area by setting rules for external/common areas.

So that would put my newest at close to 100 y/o.Then again - they have been maintained and upgraded decently well enough prior to my ownership.Yes I've had to deal with some knob and tube, galvanized plumbing, etc... but not much. 

I also trade stock, focusing on biotech and options.

After the stock market tanks?  

The LLC will cost a little bit to set up and maintain on an annual basis, but for me, I chalk that up to cost of doing business.  

With the stocks as high as they are the binds shouldn't be as well supported as they are...BUT foreigners are incentivized to buy bonds and it floats it when it shouldn't.