Not a whole lot of risk on you besides the effect on your DTI for the next purchase -- That's right, it stays on your DTI ratio. 

Thus, by dual layering the LLCs where you own a WY holding LLC and the WY holding LLC owns the FL LLC you can effectively take advantage of WY asset protections while also satisfying FL law by having the LLC that directly owns property set up in FL.

I feel like with REI it’s a snowball effect lol but man does it feel slow in the beginning.

You should hire a PMC for only 1 of 2 reasons:1) You don't have TIME to effectively DIY manage2) You don't have the EXPERTISE to effectively DIY manageOften, a great PMC can be a valued partner and pay for themselves.Screen a PMC poorly though, and they can destroy the best rental.

In many cases, having these protections in place also strengthens your position during negotiations or legal disputes, often resulting in more favorable outcomes.To navigate these complexities effectively, I highly recommend assembling a trusted team of qualified professionals.

As an investor, you can often handle repairs far more cost-effectively than the average homeowner, which changes the way you think about coverage.

For us, renting a 1bed+den was more cost effective than a 1bed and seperate storage unit while we moved out to show our home.

Then use a basic Excel sheet to allocate your monthly ending cash balance or at any point in time across taxes, CapEx, reserves, etc, effectively creating a zero-based cash budget.

It makes sense that building on land you already own is easier and more cost-effective than buying elsewhere.

It showcased the effectiveness of Partner Driven’s funding model, David’s local hustle, and the advantage of striking when the right opportunity presents itself.