The downside is that a specific individual might not be there next year and you'll have to build a new relationship with someone that might not be as knowledgeable.Best of luck!

There are 2 other individuals living there who have never complained of anything like this.

To be frank, if an individual does not understand their role, they are most likely going to squander the opportunity. 

In some cases, you may pay property taxes and insurance directly to the relevant authorities

Obviously this is a huge concern, as a tenant could sue you as an individual for liability of the property, and in a country like this that could bankrupt you.

(These averages represent state-level data, and individual cities may levy additional taxes.)To achieve the same level of cash flow as a property in Nevada, you would need to generate a higher cash flow in Texas to offset the higher operating costs.

I know you guys might not be authorized to give out legal advice but I figure it would be best to get opinions from those really doing it.

I also think there is a decent use case for people with more capital that want to diversify their risk, but also want to select individual properties.

**Federal and Local Grants**: While there are fewer direct grants for individual landlords, some municipalities and states offer financial assistance for landlords who improve housing for low-income tenants.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.