Originally posted by @Max Gradowitz:I'm in CA and the most common LLC-related question I get is "I live in CA, I want to buy properties in other states, what state should I open an LLC in so I can save money?"

I have 40 years experience as a real estate syndicator/sponsor and investor in other syndicators deals.

Aside from the increased rental value, properties that are on water, or have a view of the water, are going to appreciate in value at a higher rate than the others.

Then Master Bath, then other baths.

Maybe you get it done easy enough some times, but then other guests won't sign it because ... they're lazy, they're unsure why you're doing something separate from Airbnb, for any number of reasons. 

Feel free to take or leave my advice, but I think others will agree that, for now, you should focus on maximizing your savings rate, building your credit, paying off any owed debt, and house hack your first deal—just my two cents.

Happy to send you a few example deals so you can see some numbers and returns and would love to connect and answer any other questions you have!

Hi all,I currently use RentRedi and am trying to deal with the following situation:- I have a bunch of prequalifications and applications in my queue- I've accepted one tenant and filled the unitMy question is, "How should I mark the others down in the software that would have passed my screening standards?"

If presented with a slightly higher offer many will focus on the price over other terms as long as the settlement period isn't too unreasonable.

Indianapolis is a great market to start in, especially with its more accessible property values compared to many other areas.