In this world of too much information and the need for attention to detail I personally like getting as much information as I can on any given subject; especially if it might impact or influence my personal financial situation which this does. 

My personal opinion is that QB and the like are good for very big companies with a complicated portfolio and your accountant who can just import the data and saving him work.

I'm sure many people have done great things without an entity, but for me personally, I think I would prefer that type of protection.

@Geni P.Even if you find the current note holder through the Land Records and assuming that they still own the note, they will not release personal info or payment info without owner authorization.

What if the next person has great credit but is getting divorced or pregnant or ...

Hi @Ashley Tamayo, I am a investor in San Diego, my family owns property in Cardiff I personally looking something good in there, good to connect.

Hi AndrewThat's a tough one because tax rates seem to vary from state to state.I'll give you a quick example: Salt Lake City, Utah $300,000 home with an annual tax amount of $2,500.Detroit, Michigan $35,000 home with a $2,500 annual tax rate.Pontiac, Michigan ( different county that Detroit but only 20 miles north of it) $35,000 home with a tax rate of $700 annually.In the midwest and west I see an NOI of under 6%, in C grade neighborhoods.Select areas on the east coast and surrounding region I see NOI's of 9% to 15% in C grade neighborhoods.Property Taxes are the same whether the home is held personally or in an llc.I hope this helps, please feel free to send me any Specific questions and I'd be glad to answer them.Good Luck.

I am looking for a person to teach me the do's and do nots.

Personally I think that real estate is one of the best investments you can make with your money. 

I am a small business person in the Inland Empire ( recycling/transportation/business consulting) , that is looking to learn and invest in the Inland Empire.