Ok so its harder but not impossible to get good tenants.

Hi Saul,Vegas and Phoenix are on the pricier side, so you'll need to put a large down-payment down if you want to cover all your expenses with some cash leftover. 

So the deal ends up falling out or they take forever to find solutions. 

If so, I’d recommend investing in your own backyard as opposed to going out of state.

I don't understand this topic very well so looking for a connection to a good real estate focused CPA to help with my filing.LLC does not change your taxes, and it's even possible that cost segregation does not.

As small lenders, we’re in frequent contact with our borrowers, so we usually know how they’re doing.

So trying non traded public REIT's and Crowdfunding. 

And nobody is paying more than 550k for that cabin even with it being new construction.Its been a couple of months though so I'm curious to know if you were able to sell it or not and if so at what price.   

That 500/m loss does not include reassessed property taxes, vacancy, property management, maintenance and reserves  - so it will be an even bigger loss.A tax professional can assist you with your tax strategy and then you can work from there to identify the strategy to deploy. 

I bought a ton of them about 10 or so years ago.