Finally, check with the Town to make sure there are no municipal liens, Make sure they're on Town sewer, check with the tax assessor to see how many bedrooms the tax office thinks there are, (important if you are flipping) buy ok to have more bedrooms if you are planning to buy and hold.  

Certainly more areas with lower property taxes.

Finally, short-term rentals can offer potential tax advantages, as many expenses associated with the property may be deductible.

Sometimes they forget to tell you that many tenants in Detroit don't pay (depending on the property manager skill and the type of tenant) - but taxes are very high in the city and so is insurance. 

So, when Trump changes to no tax on tips I feel inclined to change my rental income structure.50% reduction in rent.Previous 50% made up from a mandatory nontaxable tip. 

It is the most popular software in the industry, and most Tax Preparers are familiar with it, which makes tax season easier.

After closing, when the property taxes were due I never received any bill.

Well, come tax time, I had to unravel 3 LLCs with quite a bit of expense and am paying double tax because of their lack of care and knowledge.

To navigate the nuance in the laws properly for compliance and to accurately structure our LLC, I am looking to consult with an attorney who knows immigration + business + tax laws. 

Approving an application typically means the tenant meets your criteria and is a good fit, but it doesn’t have to be a final commitment to rent.