Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.

You need to check out the local rules and regulations before you get too ahead of yourself. 

And its too late to back out.. and these loans are not government regulated these lenders do NOT have to divulge this up front and are not penalized if they add things..

Every state has a unique set of laws and regulations regarding the foreclosure process, so your ability to succeed will depend largely on where you're operating.Also, all three of these require advanced skills and background, so I wouldn't necessarily start here.That said, if you do then be sure to get top-notch training and complete deal documentation from folks who have seen at least one full real estate cycle.Rather than specializing so soon in your real estate career, I would instead recommend just getting in front of as many real estate owners with problems.Just getting really good at talking (and listening!) 

Also, with the new beach regulations in Okaloosa County, the beach section where the beach service for Destin West can be set up has been narrowed significantly and the Island Hotel amenities and beach area are no longer available to Destin West guests to use.

By investing time and effort into building a strong network, individuals can create a supportive environment that not only enhances their personal growth but also propels their professional endeavors.

By vetting all adult occupants, you can have a clearer picture of who is living in your property and establish a sense of responsibility.Compliance and Transparency: Having everyone fill out an application ensures compliance with housing regulations and avoids any legal gray areas.

It sounds like you already have a great foundation with your rental and BRRR experience in the UK, and you'll find many similarities in the US market but also a few key differences.For location, I’d suggest looking into markets with strong population growth, economic stability, and landlord-friendly regulations.

Being aligned with your goals by being in the right environment is like a seed growing in good soil. - Read "The Wealthy Gardener."

hello awesome BPsI have been looking into the investment properties off of the MLS and that has been a real challenge for the past 9 months to make a cash flow with different scenarios including sublets - there are a couple of regulations in this area also.I am looking into the market of Montgomery county MD.