I have worked tirelessly for several years, continuing the work of Josh Dorkin, to help our community prepare for both long-term wealth creation and precisely for a recession, which always looms on the horizon. 

Just trying to make sure I don't get ripped off in the creation of the LLCs.

But per the profit centers listed above, the general idea is wealth creation, yes.

On the other hand, I cannot ignore the folks here marketing their DSCR HELOAN products; that number has increased.The underlying situation (obvious to you and me) is that there were historically low interest rates, followed by inflation and equity creation...and folks who want to tap into the equity without displacing their first mortgage. 

But after about 1980 Bay Area and prime LA  has been and is where its at for wealth creation with SFR type investments.  

I'd recommend looking at building in columbus too. some great lots to build on and we are seeing 40% equity creation in some submarkets.

It just depends what your long term goals are and if you want appreciation for wealth creation (Columbus) or strictly cash flow with more headaches (Cleveland). 

The creation of the entity was backwards on this one.

It grants the SBA a security interest (lien) in all the property described in paragraph 4.Paragraph 4 says:The Collateral in which this security interest is granted includes the following property that Borrower now owns or shall acquire or create immediately upon the acquisition or creation thereof:Sounds like paragraph 4 should be a list of property ( mine has nothing listed ).

Goals, objectives, and clear pathways to wealth creation and management are so much better than wishful thinking and optimistic musing on the endless possibilities of a generous, kind universe.