Getting into legalities can be costly, time consuming, and incredibly annoying.

Actually, it is to my advantage to simplify, making ownership of my assets easier to file at tax time.  

Easier to be in a place that embraces it.Where are you thinking about buying?   

Incredibly common.

They won't make leasing process easier, just harder!!

Lenders often consider a percentage of that rental income when assessing your borrowing capacity, which could make it easier to qualify for a new loan.Market Conditions: Analyze the real estate market in both your current area and the area where you plan to buy.

I've thought about property mgmt. but I'm having a problem deciding on whether or not giving up 10% of gross income to cover the cost of mgmt. is worth more than convenience of improving the proximity of another location closer to my primary and easier to continue managing myself.  

Better area's out there to invest and sleep easier at night

Just might take the right team to make it happen. and, if there were ways to make average home videos look incredible, would that be worth it to you? 

Message me on BP and we can set something up.Original BP post (check it out to see how much of a dream this was for me 9 months ago): https://www.biggerpockets.com/forums/55/topics/1162005-first...Best, RyanOn a side note, if anyone's looking for a young, motivated, and incredibly knowledgeable agent in Grand Rapids and the surrounding areas, let me know and I'd be happy to connect you.