Quote from @Sundone Boutvyseth: Looking to buy a single family home and use as a STR on Airbnb.

However I also recommend anyone purchasing real estate in an LLC being able to articulate precisely why they are buying their real state in that entity with a full understanding of the benefits.

I did public record searches on all the tenants while I was in the process of buying the building just so I'd know who I was going to be dealing with.

The process of buying, getting a loan and settling to closing was extremely smooth.

I've worked with some Canadians buying  here in Ohio.Indeed, rather than selling your stocks to fund investments (and lose out on any potential price appreciation and dividend payments, as well as incurring capital gains taxes), a nice alternative is to borrow against some percentage of the holdings.You would start with the brokerage where you hold the stocks and see what their loan program looks like for the account you hold. 

or any experience buying homes at auction in Sac? 

What kind of property did you buy?

On buy-and holds we usually replace all the plumbing with pex, no matter what, because galvanized has a life expectation of about 60 years, so I usually take the sooner than later approach.Stick with hard money, like Mach1 or or MKE hard money (Scott Lurie) as they will not leand on a deal that does not pencil out, so you have the added benefit of someone experienced looking over your numbers.

If it had been my client buying this property, they would have paid a lot less even with the full commission factored in. 

I mostly buy and hold.