If you feel you're likely to grow your business, the Series LLC may be worthy of your time and investigation.

So I'm a beginner in the real estate business and i read the book and feel i want to take the REO or foreclosure route.

CoC about 10% avg, business plan is to hold it for 4-5 years and should be able to double everybody's money by the end of the life of the project.My question to the group is about the interest rate.

My business partner and I are purchasing an investment property that is a 4-plex.

I was told when I purchased the property by the seller that I could possibly charge the business rent for using my property for business purposes.

We are beginning to move towards smaller multifamily deals 6-20 units and are wanting to pass that management torch to a professional company so I can focus on the acquisition side of the business.

Does anyone recommend a service to take my calls and work through tenant problems?

Tariffs are a factor, mainly on certain materials like steel, but not a huge factor overall   Without knowing many of the specifics, or finish out levels of your project, I would expect to be able to build something like this for around half of what you are being quoted.My guess is the reason for high quotes is that because the demand for construction is so high, and contractors are backed up with as much business as they can handle, they are throwing out very high prices.I would keep shopping, and if you have experience, consider GC’ing it yourself, and hiring the expertise in the places you need it.

That does not mean my business is a good company.   

Looking forward to networking with other investors and get my business off the ground!