*Boot camp venue and my house is about 3 hr distance.

Worse case you can furnish it and put the property on Airbnb or peer space as a venue space or STR in between long term tenants.Using an agent or property management company to at least get it rented could really set you up properly.

Thanks, BP for the venue.

In Franklinton there are plenty of large projects going on that will bring massive growth to the west side of Columbus, such as the Peninsula Development, which is a multiphase project that will erect a 24 story apartment complex featuring a grocery store, a multi use office space building, and a new hotel featuring a two-story Pins Mechanical venue.

Purchase price: $1,000,000 Cash invested: $200,000Tiffany Vineyards20 Acres of Vineyards & Event Venue Space

Locations with growing populations and younger demographics tend to have higher demand for housing, which can lead to higher property values and rental income.Proximity to AmenitiesThe proximity of a property to amenities such as shopping centers, restaurants, and entertainment venues can impact its desirability to renters and buyers.

Getting into a property that has negative cash flow can seriously hurt, even if you've thought out a magnificent plan for it.

It is very fact pattern and venue specific. 

You would be well-advised to speak to an attorney who litigates the types of cases that you think are more likely to arise for you to determine what venue and/or law may be applicable.I tend to favor CA LLCs for CA residents for the benefits that I mentioned, but it honestly depends on the situation. 

I have found a former wedding venue that has been listed for sale at $1.1MM.