Soon after, we will purchase our third.

Further, should foreclosure, deed in lieu, etc occur, there is no need to form another entity to hold title, the same series can hold title with the same asset protection benefits.While I’m on my asset protection soapbox I will share that many investors make the mistake of either going in for very expensive, dubious value asset protection strategies (foreign asset protection trust based in Nevis and held in a Lichtenstein Corporation while being based in Bahamas and managed by a trustee related to the former Bahamian Prime Ministers wife’s third cousin) or don’t want the hassle so have no asset protection at all.  

And a belated "Happy Thanksgiving" to those celebrating in the USA. 

New electrical, plumbing, moved kitchen to create open living, updated both bathrooms and turned original kitchen into third bedroom.

My third one, a duplex, finally has a tenant paying rent after the previous one was behind for months.

hi there, Im feeling a little discouraged as to i just failed the Ohio real estate national exam for the third time this previous Saturday.I past the state portion btw....

I pay  $35.00 to a third party to do a back ground check ,I let them decide based on numbers ,and all information  that effects the health of the renter approved or not approved .it's a good way to keep distance from the application .

The savings that I built also allowed me to purchase my second and third properties.

I would:(1) Get a third party appraisal on the property...(2) Run the numbers not using their $3,000 triple net numbers but FMV rents and actual expenses.That should give you a really good starting point and open your eyes to whether this makes sense or not. 

No more long walks in the snow to get a drink, or pick up some extra cash.For some hard numbers maybe make a phone call to the parties to these re-developments over in Michigan:https://www.mlive.com/news/flint/2019/09/former-flint-school-celebrates-grand-opening-as-apartments.htmlhttps://www.mlive.com/news/flint/2022/05/westwood-heights-school-district-to-turn-shuttered-elementary-into-housing.htmlAnd i case you don't know and decide to travel there, Flint is very very dangerous.Just my 2 cents.