@Desiree Board For your mix of long-term rentals (LTRs), short-term rentals (STRs), and house flipping, an LLC is ideal for liability protection and pass-through taxation.

I’ll try to keep this as short as possible but I am at a cross road in life here and can’t seem to find the guidance I need. 

There are cheaper markets that your current savings would go further and possibly provide better opportunity (almost definitely in the short term).

Sure, I could look for a higher paying job, but I was wondering if anyone has any creative short-term methods to improve my ratio.

Quote from @Jaycee Greene: Quote from @Jamie Parker: @David Mares The short answer is to build and develop the area.

Congratulations on your impressive success since 2021—that's quite an achievement to have closed over 100 transactions in such a short time.

If a mortgage has a deed restriction, not allowing short-term rentals that is not imposed by an hoa or a city government how hard is it to get it removed?

I currently have SFH and multi-family long term rentals and I partnered on a short-term rental.

Apartments are the least ideal living situation for us, so what if we got stuck in a multifamily property we intended to just be in for a short time.

In short, having all the conversations and commitments in strategy, setting up LLC and all the fun docs of who's doing what, and I'd suggest even getting initial funding into account for at least EM.