It's not that sexy I know, but it's helped me learn and understand a lot with respect to having tenants. 

However, when you weigh that against the reduced maintenance and energy savings, it can balance out.Longer Lease-Up Time: New construction properties might take a bit longer to lease up compared to established neighborhoods, especially if the area is still developing.5.

If a law may change (as you mentioned) and you're fully invested in that state, that could affect your overall portfolio returnI don't want to sound like my strategy is better than yours, absolutely not, you trough out some good points and I respect that.I started in 2010 so have some experience too, I have invested in more than 15 states and know almost all the rules and regulation on those states, but I'm always willing to learn more and keep studying every day. 

When you have established the operation agreement of the LLC correctly, this will allow you to operate and be protected via the LLC while having access to great financing options.This should be a pretty easy task for an experienced attorney.

I treat my tenants with the same respect that I would want.

If they aren't interested in a better unit, then I would respectfully ask them to start looking for another place to live.  

.- When house hacking, be sure to establish a good relationship with your tenants, but avoid "being friends".

It helps you establish one economic unit to meet material participation hours.If you are in higher income tax brackets, I suggest getting a multi-member LLC for audit protection.

With due respect, since loan docs are state-specific, be careful asking here which documents you should use.

Have the tenant sign off on a move-in checklist to avoid disputes later.If your not using a property management company, you will also want to establish a plan for handling maintenance requests and emergencies.