I've been looking at a lot of smaller towns around Cleveland, Ohio and have noticed there are a lot of seemingly decent cash flow properties, but more around the 1.5-1.8% rate.

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California could cost you a minimum tax of $800 every year.

This is assuming the way you notified the tenants of the new rent was considered legal notice in your market. 

Hey thanks for your response.I noticed your YouTube videos, I’ve saved them to my playlist to watch.  

For example, you could say, “I’ve noticed the property seems vacant and might require some upkeep.

I noticed some of the reviewers mentioned how the area is up and coming so if the area is questionable that might be contributing to this.

 Hey GUYSOver the years, I’ve worked on creating high-converting funnels for marketing agencies, and one thing I’ve noticed is that the core principles of attracting, nurturing, and converting leads are just as relevant for real estate investors.I’ve been diving into strategies that could help investors streamline their deal flow, attract motivated sellers, and build better relationships with private lenders.

If you're still looking at this property, I noticed the reference to "LIHTC" on your report and that the property is only 9 years old.

Sure, you can make a few quick trades, but the playground monitors (a.k.a. the law) might notice, and you’ll miss out on the bigger opportunities and loyal customers.So, while skipping the license might seem easier, it’s not the best way to win at the toy game in the long run.I have this talk with 10-15 people each month at our Free Meetups here in MA, NH, and ME.

. ;)Moderators: notice that this was just a joke between two colleagues, both tax professionals.