Hey Latonya, accepting out of state vouchers can increase your tenant pool and potentially increase your rental income, but it also introduces complexities like verifying voucher validity with distant agencies, dealing with unfamiliar local resources for the tenant and navigating potentially different eviction procedures in another state.

Managing a rental property long distance is not for everyone, especially while pursuing a master's degree, and can add unnecessary stress and complexity to both your lives.

@Jack B.Check on the NIIT 3.8% if you are REPS that could be excluded but this may add other layers of complexity for other concerns with your tax planning you have a lot of fun stuff to work with.   

It is complex but Airbnb seems much more on top of it than VRBO.

You can see more info on this type of account here: https://catchfirefunding.com/want-to-use-retirement-money-fo...It's definitely complex, and there are absolutely restrictions, but also absolutely ways to make it work.

That isn't to say that solo professionals such as myself are bad per se, just that depending on who you go with, you might eventually see some limitations if they don't grow with you after several years if you keep expanding and getting more complex yourself.

Was there something that made this demo more complex or extensive than what would be expected?

Maybe get an apartment complex? 

I've read the reports that talk about the permits pulled recently and overbuilding of multifamily, but I can't find whether those are big complexes or smaller. 4 units and less would qualify for residential financing, but is there a reason that I can't find anyone else building these?

Navigating the legal landscape in real estate can be complex, and finding a trustworthy legal advisor is paramount to the success of any transaction.Thank you in advance for your guidance and support!