I’d recommend looking into insurance options, as it adds valuable protection for your investment.

It is a huge plus if you can be near business areas or hospitals so you can always pivot to mid-term rentals if the short-term rental becomes too much hands on work or you can even use short-term rents in between mid-term stays  Thanks for the guidance Andy.

I advise against asking random people on the internet for guidance on this matter.Another thing to consider is the Corporate Transparency Act has removed some of the anonymity you get with LLCs.

There are tons of valuable posts, learning materials, and great individuals here on Biggerposckets- so this is already a good start.

thank you for sharing your valuable datas!

I’m looking for some guidance on my next steps toward achieving financial freedom through real estate.My long-term goal is to acquire enough rental properties to secure my financial future.

While the arbitrage model didn’t work out as I’d hoped, it turned out to be a valuable learning experience.

You can get all the advice and guidance with the forms you need from a local Realtor who has worked on hundreds of Real Estate transactions that have common forms that everyone understands and pay a $250-600. 

This is a good idea and one that will be super valuable long term!

I know I have a lot of work to do to prove myself as a valuable resource but I am going to do the work, I'm just trying to figure out the right steps.