If you stay elsewhere, consider relocating to a thriving, affordable market like Charlotte or Tampa, where you can house hack or live in a property before transitioning it to a rental.Good luck!

If you own 25% or more of any LLC you are required to register with a FINCEN ID for beneficial ownership by January 1st or you could be subject to $500 per day fines.Have you taken care of business?

Most lenders will let you use up to 70% or sometimes even less.

Some invest in AZ with plans to live in AZ at some point.

When I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.

Give them a 30-day notice of termination and follow through on it.3.

With my W 2 job I might not be able to fly to these areas and vet them.

Key points include:Security Deposits: In Indiana, there’s no legal cap on security deposits, but you must return the deposit (minus any valid deductions) within 45 days of the tenant vacating the property.Evictions: Follow the formal process carefully.

Real estate is not a get rich quick scheme or something I would quit my day job for unless you are set up for it.

I happen to live in AZ in the winter and MI in the summer.