Wyoming is your best bet. 40 of my LLC's are there. 1 in Alaska, 1 in South Dakota and 3 in Colorado. 

Hi Kevin,Unless you have an imminent opportunity to invest and want to take a really active approach to real estate, it sounds like a good bet to hold for now.

Best bet is to talk to an experienced finance broker. 

I'll bet dollars to doughnuts that the ones who survived don't consider this period "perfect economic conditions."

If they are going to cover business activity, you can bet your bottom dollar that the insurer will review all of your practices and procedures in order to determine whether you are doing things safely and in a law-abiding manner (see above, first paragraph).So yes, get plenty of insurance, and a corporate entity between you and your adoring public may be most convenient (consult your lawyer as to whether and what type).

For sure mate,I bet in higher end markets where you are based in, it's mostly clients F@$#%ing over the contractors..In Toledo, it's the other way around.We mostly get screwed over by contractors heheHappy Saturday 😁 

Nor do I understand how you can be neither GP nor LP, unless the syndication is organized as an LLC, at which point we'd be using and discussing different terminology.Your best bet is to ask your current professionals, unless their knowledge or ability to advise in laymen's terminology is lacking, at which point a change may be in order.Their are many professionals active on this sub-forum at a variety of price points.

I know there's some thought out there that you should cultivate direct relationships with insurance companies or construction companies, but  that's tying yourself to one industry when the platforms like Airbnb or Zillow are where a much wider pool of potential tenants are looking.Long-winded rant aside, I bet Atlanta has a great market for MTRs (and probably STRs if the laws allow them).

Hopefully they will close that one.But I am betting it is in there on purpose.

I'll bet you are!