At least until the LLC owns enough assets that the bank feels comfortable that it can get it's money back just by going after the LLC should it need to foreclose on a property.

You are the only one who can decide what you are comfortable with.If your comfort level is a paid-off house and a couple of rentals, then that's what you do.

The sooner you can replace your W2 income, the sooner you'll be comfortable that you made a good decision.

Read and post on here to get comfortable in what you really want to do.

And it's always a spectacle to watch when the strippers come in and want to argue about why they have to take off their stilettos to go through the metal detector...on their way to Child Support hearings...anyway the auction.So yes, it's my understanding the Indian couple will buy anything and everything because they turn around and rent it to whomever is currently living in the property or anyone who is willing to rent it as is.There is another really really tall guy (hope he's not reading this) who buys until he and his cohorts run out of cashier's checks.

Nothing wrong with that if you're confident you can do as good a job...Just the flip side of the coin, I have an MBA and have always been comfortable doing my own taxes.

Sure I carry there, I carry most anywhere and I am quite comfortable in my neighborhoods.My point is rental real estate is ALL about risk and return...find your niche and you will make your fortune.

After you get comfortable with the info gathering, you can vet the data to meet your criteria and prioritize files as to your opinion regarding opportunities.

I would pass based on c neighbor, and low comps unless you know and feel comfortable in the area.

Surprisingly our conversations have been very easy, I'm guessing cause he's stoned...I am pretty comfortable with my screening process as I check: Credit, criminal, evictions, and bad checks.