What are common loan options when looking to purchase an out-of-state rental property under an LLC?

Negative Cash FlowOne of the most common reasons to sell a rental property is when expenses greatly exceed rental income.

It’s fairly common to feel the way you do in the beginning.

Also, when your lenders dive deeper into county records or operator standings, do you find they tend to uncover any common concerns, or is it more of a formality for peace of mind?

But the most common giveaway is that they ask strange questions inquiring about your home and will eventually want you to take it off platform, ie.

Quote from @Peyton Culberson: Software is a common question on BiggerPockets.

Hey Ryan,Sorry to hear that you had a negative experience.Designated dual agency is very common in NC and in most cases allows both buyer and seller to receive the highest level of service with no conflict of interest even though they are being represented by the same Firm.

Its not common knowledge but Inglewood has its own rent control ordinance with a lower barrier that substantial remodel.

W-2, 1099, etc.) with passive income/loss from my rentals (STR, LTR).AnswerThere are a few ways, but the most common for real estate investors is to own a rental that 1.) meets the IRS requirements to be considered an STR and 2.) fulfill the material participation requirements (this doesn't require Real Estate Professional Status or REPS).

Quote from @Mackensie Matze: This is a common mistake.