All in all, I have found travel medical professionals (not just nurses - think x-ray technicians, physical therapists, occupational therapists, etc) to be great guests who cause no issues and always pay on time and often extend their contracts and thus, their leases.

No doubt..100% equity in a cashflow plan backed by physical structures or assets is hard to beat.  

@Sonya C.if you have an LLC and own investment properties (operate) outside of the incorporated state then you may need to file a LLC tax return in each of those States even if the LLC is a Single Member LLC and disregarded for Federal tax purposes. 

He will also physically work on the properties at this point. 

It resulted in his guest trashing the basement unit, them getting physical where marks can be seen on both people, screaming and yelling that took place in the back yard, and the neighbors waking up and walking near the backyard to side with the guest the tenant had over.

You are correct that each location will have different levels, but overall, the Google SEO rankings are much more that physical location.

Digitize physical receipts for easy storage.Maintain proper records - Contracts, Settlement Statements, Agreements, etc..Like Kristen said, a bookkeeper can everything in a QB file.

My journey has taken me from being a forward-thinking Realtor to a tech innovator and sustainability advocate, always with an eye on how to optimize operational efficiency and investment returns through AI-driven solutions.What Sets Me Apart:AI Mastery in Real Estate: I've revolutionized CRM systems with AI, boosting engagement and transforming client communication into dynamic, fruitful conversations.Sustainability Visionary: I lead sustainable housing projects with a focus on energy-efficient homes, pushing the envelope on what it means to live responsibly.Investment with a Twist: My approach to real estate investment incorporates advanced analytics and AI insights, setting the stage for smarter, more profitable decisions.Collaboration is Key: I believe in the power of networking and collaboration.

Consulting with both a real estate attorney and a licensed architect is crucial.The attorney can advise on the legal aspects of converting a cellar into a legal apartment, including zoning regulations, building codes, and the legalization process.The architect can assess the physical space, determine if it meets conversion requirements (ceiling height, egress, etc.), and create plans for a compliant renovation.The 2019 pilot program you mentioned wasn't permanent, and the high costs associated with it discouraged participation.

Here are some steps to get started:Market Research: Identify areas with strong growth potential, low vacancy rates, and high rental demand.Financial Analysis: Evaluate the cost of construction, potential returns, and your financing options.Legal Considerations: Understand the zoning laws, building codes, and permits required for new construction in your chosen area.Sustainability: Consider incorporating green building practices to increase the property's appeal and long-term value.The Bottom LineWarren Buffett's investment in new construction underscores a broader trend in seeking alternative avenues for growth and diversification.