Tactial question on planning the portfolio
Hey RE Experts,
what do you suggest if the goal is to achieve a good steady income (and minimal involvement physically) from rental properties :
Buying multiple SFR / 2-3-4 plexes and keep adding more slowly in Bay area California. [tanent friendly state :( ]
OR
Buying a big apartment complex i.e 50+ doors in Austin/DFW Texas area [landlord friendly state ?]
Also, LLC would be the right way to do it? as a new LLC is it going to be tough to get a mortgage or is it possible the mortgage on individual names and property owned as an LLC / revocable trust?
what would be the best route to go for in order to proactively protect from those tough days.