Hi,I am planning on setting up a multi-member LLC either in North Carolina or South Carolina to house the rental properties under, and wanted to reach out to the community about which state is more favorable to holding rental properties - assuming that the property can exist in either state.Thanks in advance!

It is an interesting time obviously with an election and rates coming down and potentially a good amount of inventory being built but as the fall and winter come fewer people who put existing homes on the market which reduces competition for those first-time home buyers.

A version of this will exist in most municipalities  but brokers  usually just pull up the public records one pager on the MLS  which doesn't provide this information.

Maybe the construction costs would end up being the same no matter how it’s done, but I haven’t done much new construction last few years, I’ve just been buying existing stuff, so I just don’t know. thanks!

This idea involves not taking control of a property, but instead, helping existing beach home owners sell shares in their own properties.

3) What would be the best way to get a mortgage on a new LLC, would our stake by our existing LLC create an issue for financiers?

Building a new SFH (and then holding it as a rental) appears to be a better option than buying an existing SFH.

After so many homeowners are displaced, some will need to rent temporarily, but existing renters may not want to move back. 

The banks MAY call the loan due but it is not illegal to buy a property sub to the existing mortgage.

Or how about those who are burnt out on there existing PM how's charging them a mint?