It is very simple and cheaper to set up the LLC in NJ vs NY ($50 vs $200 when going on the state website) what is still an open question is I also need an operating agreement for the LLC once set up, wondering if that is also free as part of just getting the LLC set up on the state website or if I need to use a lawyer or a legalzoom type of service to do that.

On the other hand, newly listed properties tend to attract offers at asking price due to higher demand and interest. 

These would be simple referrals.Otherwise, wholesale them for a flat fee.

Fix-and-flips or fix-and-rents are awesome next steps, but they’re hands-on—perfect if you’ve got the time, less so if the online business or dad duties ramp up.An Alternative Pitch: Here’s where I’d love to throw something your way.

No magic, simple math.

Each lender will be willing to provide a ballpark rate quote with some simple info such as FICO score, property type, location, term, and desired LTV.

Is simple forget all you know, go to local Investor Meeting meet investor flippers and wholesaler. 

My focus is simple: helping out-of-state investors like you unlock the full potential of the Birmingham market.

I would love to just give you a simple answer, however your question is not a simple one. 

Financing is also easier since lenders prefer predictable rental income over the fluctuations of STRs or MTRs.Short-Term Rentals (STRs) and Mid-Term Rentals (MTRs) can be lucrative but require more hands-on management.