You didn't mention each of those markets, but there are cities in those areas that are worth researching or learning a bit about.Best of luck as you get started and again, feel free to ask more questions or reach out personally if I can help you navigate and learn BP and get started investing.Best -  Thanks for the mention Chris,It's a pleasure getting words of praise from an OG like yourself.Hope to catch up with you again one day soon 🙏

Especially because I have my eye on a few more just like this one! 

I know, I know, the *** b4 the cart (insert eye rolling emoji here).The next day we heard that tropical storm Michael (2018) was getting more serious but was still just a cat 3 and heading toward the Florida Panhandle.

@Kelly Rao@Greg Weik and I don't see eye-to-eye on much, but have to agree with him 100% on this one. 

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.

Stocks haven't performed as well in the last 20 years as they have historically from 1950-2000 and the valuations especially on newer companies is eye watering.

And remember, sometimes a new set of eyes can make all the difference.

*eyes roll* got it.But practically speaking it makes sense.

No one can predict where the rates will be in the future, but if it is a significant buy down, it could take a while for market rates to catch up. 

Then, you'll match that journal entry to the bank feed deposit within Stessa that will most likely flow through your bank account in early October.This method allows you to clearly see your income less all applicable expenses per month per property within your master accounting software.Doing this also has the added benefit of allowing you to catch any mistakes made by the PM as well (we catch mistakes all the time for our Clients that would have otherwise cost them money).Does that make sense?