Hey Phil, Property Management is not as easy as you think and is not for the faint of heart.

One of the best features is the easy mode.

Your risk is your ability to judge ARV accurately ahead of time.If you're going to buy and hold for appreciation, I think Florida is a bad short term play but given how hard areas have been hit, in 30 years prices are bound to have gone up.If you're looking to be a landlord, cash flow calculations are pretty easy.

This isn't easy to do and it smacks of a conspiracy to circumvent rules when it really isn't.We have a securities attorney and will get an opinion about this and some other constructs to accomplish what we want to accomplish soon.

Can't be too easy, otherwise everyone could do it. lol

In flipping I have used and built a pipe line of private lenders.I thought this would make moving over to LT investments easy.

Also, getting a HELOC on a non owner occ is not easy.

There are no easy answers, you have to do your homework.

Some foundation movement is to be expected in many areas of the metroplex, but I would advise staying away from those houses that evidence a lot of movement.

It's easy and inexpensive to do using Legal Zoom and I'm sure there are other similar services you could look into.