Make sure your real estate agent isn't just about closing that one deal but understands the benefit of protecting you on each purchase to ensure that you keep buying because you are enjoying success.  2.

If you do, work to protect it! 

Investment Info:Single-family residence fix & flip investment.

Quote from @Cody Caswell: Quote from @Jay Hurst: Quote from @Cody Caswell: Is it true you can use taxes, depreciation, insurance, and mortgage interest for qualifying income when applying for an FHA loan on a primary residence? 

Holding properties in an LLC (or other legal entity) can offer valuable protection for your personal assets, so I understand why you went that route.

These are top drive-to destinations for much of the Southeast, so short-term rentals here can generate solid cash flow, especially during peak seasons.The area is also seeing steady growth, with more infrastructure and amenities being added to support visitors and new residents.

Depending on the salaries of the new jobs they may also price out the local residents on new home sales which would further drive up the price.

You certainly want to vet your property manager to ensure they are focused on balancing asset protection with tenant satisfaction.

While an LLC offers liability protection, it does not change how taxes are reported unless treated as a partnership or corporation.

Investment Info:Single-family residence fix & flip investment.