Long story short - you cant just take the current effective tax rate and apply it linearly to the new price - there are fixed and variable components of property taxes so it wont scale like that. 

I'm not a lawyer but I'm familiar with large-scale real estate investors purchasing properties in the state of New York using a Delaware LLC.

Generally, this would be ok if you are building at scale and planning to build high quantity of modules, which would eliminate single family homes or ADUs. 

And while I'm certainly not there yet in terms of real estate, I know that any hiccups in my acquisitions and scaling up won't come from a lapse in my asset protection structure.I hope this helps!

Unpopular opinion: I don't think you can scale wholesaling as many try to do. 

I only advise people to get into short-term rentals IF you are going to make it your ONE THING and go all in on that...having to set up all the necessary systems is a HEAVY lift and not worth it without scale...I have done it and not at scale and it was not worth the hassle. 

Hi Ant,As MP mentioned.Hire good property management.You have a few solid options in town.If you manage yourself, you will save on fee's but IMO it's like tripping over dollars to pick up pennies.Investors should focus on the next deal and scaling their portfolio while not being bogged down with minutia.And there is a tonne of "minutia" when it comes to property management.Sure, you can manage 2-3 or 4 properties.Managing 10+ is a different story and a full time job almost.Wishing you much success

It's a great way to scale and not tie up all of your cash. 

I would rather put more effort to higher ADR/Occupancy and scaling to get more juice from the squeeze.

Hi, I'm looking to scale my portfolio.