However:Strategic Tax Planning: Work with a CPA who specializes in real estate to maximize deductions like depreciation, interest, and operating costs.Higher Rents for Premium Properties: Some investors offset the tax by focusing on properties in high-demand areas (downtown Greenville or near universities, for example) where they can charge a premium rent.Short-Term Rentals (STRs): Consider STRs like Airbnb, where higher nightly rates can make the numbers work better than long-term rentals.

Clear communication is the foundation of successful real estate transactions.Remember, the real estate market operates in cycles, and timing is crucial.

Virtually no one uses paper checks these days and those have their own issues.

Quote from @Ashish Acharya: @Javier Molina California aggressively enforces its $800 franchise tax on LLCs deemed "doing business" in the state, including Wyoming LLCs if you reside or manage operations in California.

If that's not the monthly income, you are arriving at your cap rate by using incorrect expense ratios/expense figures and/or the property benefits from an extremely favorable tax abatement which skews the operating costs.

Look forward to hearing posts on your deals and operations.   

It potentially can be possible if you provide your capital to a fund who operates as a private lender.You would have to be a non-managing member in an LLC or an LP in a Partnership.Therefore, you would have no say in items such as who to lend the money to, at what rates, etc.Best of luck

There have been some big players entering the PM market and a lot more interest in acquisitions of smaller PM operations.

Ooh, just met an operator there and they're doing really well. https://www.bearbranchcabins.com/Sounds like the A-Frame design is doing much better since that's a trending renter demand.

We will have a partnership and operating agreement set up.