I do a procedure every year at tax preparation time. 

As long as you’re building with future hurricanes (wind and flood) in mind you can ensure that you’re prepared for future storms.  

Now investors, especially the newbies, are chasing returns by going after higher risk investments - many NOT really understanding the true risks.Many more investors will be losing money and choosing to liquidate real estate - which will be buying opportunities for the better prepared investors.

You are on a great trajectory and learning curve because you are learning from your mistakes and also preparing to move slowly instead of scaling before you are ready.

I sell insurance and prepare income tax returns but I am not an attorney and don't play one on television or radio.The Illinois Legislature has a law either pending or just passed that will GUT LLC protection.

However if you have no credit history in the US, be prepared to put at least 30-35% down at a higher rate. 

Tyler local, so sparked my interest whenever I see anyone post about the area.Given that your duplex is fully paid off and generating a steady cash flow of $1400 per month, it's understandable that you're having second thoughts about selling it.

More preparation on the parcels i'm working on.

As this approach uses very little documentation, it is the least reliable methodology in preparing a cost segregation study.To see all of the steps included within each method, refer to Chapter 3 of the IRS Cost Segregation Audit Techniques Guide.What methodology has your company utilized?

Perhaps it could be a result of the post-COVID market adjustments.More STRs on the MarketInitially, I didn’t feel the competition because my Airbnb is a studio, but since I’ve started working with other Airbnb hosts, I’ve noticed there’s definitely more competition than I thought.