The deed restriction forms and recordation instructions will be provided by the Planning Division.”

It provides valuable market data that offers insights, unlike the free version that offers none.

@Greg ReeseMost small investors will benefit by having the LLC created in the state where the property is located at.Creating an LLC in a state like Nevada, Delaware, Wyoming may be better for the big players if items such as charging orders, business friendly case law, anonymity are important to you.However, be mindful that setting up LLC's in those states will add to your costs as you may have increased annual fees for annual LLC fees + registered agent fees.

I used to provide detailed answers to DMs, which are private and help only the requester.

It separates your personal assets from your business, providing a safeguard if any legal issues arise related to tenants or the property.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The other challenge is selling it, there is a smaller buyer pool for hospitality in a small market but that was known going in Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Isaac Hanai I am a multi-family agent and multi-family investor in St.

The seller and their agent hopefully did a good job communicating with that tenant to set expectations.

Finding the right GC, broker/real estate agent, and property manager is key in most deals.