What would a reasonable price for a newly rehabbed duplex be?  

They will not be able to take your personal assets such as your home without piercing the corporate veil or some fancy tactic.Also, not sure about TX, but in Louisiana you can go to the secretary of state website and fill out an online form and launch your LLC in about 10 mins for $75 and then you pay an annual fee and file an annual report to keep it legal. 

I just sold a 1850 house that had new 200 amp service, new gas furnace, new gas hot water heater, new kitchen gutted to the studs, 2.5 baths, newly refinished hardwood floors and other updates.From the outside it looked the same as it did before the rehab.We've had other houses, one of which Civil War Soldiers marched by, and old is not necessarily bad. 

Additionally, some states require you to invest in your newly formed company to make it viable.  

Update #1I was super excited to find a possible 3 flat building, which was newly listed on MLS.

I am recording tomorrow and launching thursday.  

I launched a website for SEO and am putting together a DM campaign working with a budget similar to yours when you first started.

We just rented a newly renovated 3/2/2, 1958 build for $1,575 in an older part of Hurst, South of 183.

., others may have some ideas, but my instincts would suggest that if you can't see a way of getting to 20% equity in your current one, you might be well served to just bite the bullet, SELL it, and start again with your newly acquired education and non-scary experience.You NOW know that the secret of Brrrr is buying bargains and/or forcing additional 203k equity.Each time, you MUST already see your pathway to 20%+ equity, even if only starting with 3.5%! 

I am a newly interested, potential real estate investor and am looking for some insight from the BP wealth of investors.