Your target metros make sense, and direct flights are a convenience, but if Columbus or Huntsville offer better returns, they’re worth considering despite the extra travel.For OOS investing, a property manager is highly recommended, especially for a first-time investor.

A way around the whole issue is something we occasionally consider.  

Start by using a land trust and transfer the deed to your LLC later, once you’ve acquired a few more properties.If you’re willing to move and remodel, consider getting a 30-year loan on your next property.

Investors want a person that they consider a good "business partner", but most of the wholesalers I see come of as borderline crimnals.

The Cape Coral Code Compliance officer showed the roofer the various emails to BTC, which left the roofer very unhappy as he then knew he had been misled and made him liable for a fine for illegally performing work while a red stop work order was in place.BTC appears to be continuing to cause damage to customers and other contractors. 

Consider structuring your investment through an LLC for liability protection and tax flexibility.This post does not create a CPA-Client relationship.

Protection from lawsuits is a big item to consider as well, especially in higher price range properties. 

Currently, we are targeting multifamily properties of 100+ units, and have been actively engaging with various owners and brokers, submitting Letters of Intent (LOIs) and working to secure deals.While some may consider our approach bold for new investors, we are confident that, with the right team and expertise, we can succeed in achieving our objectives.I’m excited to be part of this community and look forward to learning from your collective experience.

The first misconception is that you can declare a property headed onto the market only S8 eligible, refusing to consider traditional applicants.

Based on IRS Private Letter Rulings (PLR 200805012 and PLR 200901020), development rights can qualify as like-kind property for a 1031 exchange if they are considered interests in real estate under state law.