I bought my first duplex in Milwaukee 15 years ago, brand new investor, working in corporate, just read RichDad and attended one of their seminars.

@Brian Scott don't forget to incorporate the tax savings into your calculations too!

I know of two in the westchase area that have incorporated in their bylaws that there are no leases allowed of 6 months or less.

Here is the structure of the LLC's:-I live in PA and have a holding company LLC incorporated in DE.

I really appreciate the insight and guidelines you have given me, I will surely incorporate them into my search.

I know CA has a lot of rules/laws but in FL to start out I would incorporate, get EIN, get banks set up and then you are in business.  

What you will be required to do is register as a foreign entity in the state the property is in if it’s not the home state.I recommend speaking with an attorney and your cpa on if a LLC is even required and the state(s) to incorporate it in.

Very kind.I think it's like most of my experiences in corporate.... do your due diligence!

I really like the idea of incorporating local themes like Texas, Waco, or the Silos into the interior design—that could definitely help a property stand out.

Definitely incorporating that into my STR.