For the most part (particularly Fort Lauderdale and Miami) requires permits and inspections of your str. if you operate it without having the permit you can get heavy fines and get shut off.

However, liability issues came up about a Canadian owning US property outside of an LLC , but also the heavy taxation of an LLC for a Canadian.

If not done correctly, they will pull out since black-out drapes are rather heavy.

If it's a heavy value-add deal, cap rates and CoC might look terrible in year 1.

We should try and stay away from personal anedotes whem comparing investment vehicles.

I'm going with 2 sentences...Tax benefits are secondary to the value of the investment...The large percentage of wealth held in retirement accounts is particularly notable given the tax advantages these vehicles offer.

Hard, heavy and dusty.

It is a lot easier to deal with 12 properties that are paid for than to deal with 48 or more properties that have heavy debt on them.

Multiple, billion dollar companies are investing heavy in our area, such as Intel, Google, and Amazon.

I just got my engagement letter and I was a little surprised to see the heavy focus on the educational side of things.