Nowadays with social media you can get a good idea of how they run their business.

I have a client that lives in Hawaii but owns a property in DC area.

I haven't lived in it long enough to be exempt from capital gains, good point on that.

After 45 + years as a real estate investor, broker, lender, fund manager and syndicator, I’ve become aware that the “dream” of many investors and investor “hopefuls” is to be able to generate enough cash flow to live off their real estate holdings and accumulate enough wealth to make “work” optional.

My Real Estate plan is slow and long, I don't plan to live on the income so it may take me a few years to justify a $2k expense for a conversation or for a CPA to handle my returns.

Hey Bryant, that’s so funny I have lived in College Station for the past two years but just recently moved back home after graduation.

If I buy property in a state that I don't live in and put that property into an LLC registered in that state, will it be protected or does that LLC need to be conducting some form of business?

However, I live close-by (30 minute drive), recently retired from my day-job, and if the loan is not too large, I might be willing to do a deal just to learn a bit more about another side of RE.  

You live and learn I suppose.

Constructed in 1910, this property features a total of 2,793 square feet of living space.