@Guillaume Vidallet As a Florida resident buying properties in multiple states, it’s generally best to form your LLC in the state where the property is located.

Mainstream homeowner policies won't cover sober living because they don't account for the risk of multiple people recovering in the same home

Hey Rae, Not on here often but jumped on to see your post that I think i can bring value to from a Lenders perspective. 

EXAMPLE: a local HC has a single comcast email address for their entire office - mysteriously, they seem to be always losing emails and asking us to resend multiple times.The good news is they finally increased their max rental amounts a few years ago, so they are now more competitive. 

Overall, I've closed on multiple properties with them before and had no issues.   

I have turned over all of units multiple times the highest vacancy I'll get us under 1 week becuase property will be up for rent 2 months prior from existing tenants moving out.

You have multiple properties in a great market that are wonderfully placed for appreciation in the future.

1 very common thing in Memphis is that almost ALL property is listed too high for numbers to make sense.. and if its listed at numbers that work, then it creates a multiple offer situation and investors end up paying more than they need to.

@Jeff Hines - go with a direct lender and spread that $150K over multiple properties. 

This is according to multiple listings right now.