My pleasure @Scott Rankin, looking forward to bringing everyone together to speak about some of the challenges that @Mark Miles brought up along with all the terrific benefits of investing in smaller markets has to offer. 

Challenges?

Our current economic conditions are challenging for cash flow in most markets, but I wouldn't let that stop me from diving in. 

If you are struggling to make the numbers work, then it is likely not a deal to pursue.Our biggest challenge in the New Orleans area is the cost of insurance.

The challenge is I don't where you are but how is the soil?

I think the emergency fund can be a challenge for somebody to put together especially starting out, but the sooner they have one the better. 

Or, the trust (with trustee other than yourself) owns the property with LLC as beneficiary.Costs: LLC registration, annual secretary of state fees, agent for service fees, bookkeeping fees, tax prep fees, attorney fees to unravel structure mistakes, others I can't think of.Also, there are challenges getting title insurance, property insurance and loans for a trust.This is a way to get your name out of public record, no comment on whether it's good or bad. 

Our biggest challenge is that we are not over 55+ and we would prefer to invest our money in the villages itself.

Challenges?

As a non-resident, I’m finding the process challenging due to factors like high upfront costs, foreign buyers’ taxes, and financing limitations.I’d love to hear your advice or experiences regarding:•Strategies to manage the high initial costs and foreign buyers’ taxes.