You can often get better deals on a 50-unit, but you will have lower operational efficiency than you might have on a 200-unit. 

Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.

I didn’t want this thread to turn into a bunch of negative energy and questioning others.

Efficiencies of scale, debt mechanisms, etc., will tell you to operate differently.

You have an opportunity to start with a clean slate and hopefully choose the type of marketing that provides the most effective and efficient use of your money and time.That being said, there are plenty of program marketers selling complete packages costing $8,000 a month and up, with a 12 month commitment.

Very efficient process. 

I am having trouble finding a reliable, efficient, easy to get a hold of, and good handyman work.Usually, people located in Virginia Beach do not want to make the trek out to downtown Suffolk.

Block is still a good insulator, water/termite resistant, and hurricane proof, while there's room for improvement in windows, insulation, AC efficiency etc.

I have a few owner financed real estate deals I’d like to track efficiently while also managing rental income. 

**HVAC Systems**: Upgrading or replacing heating, ventilation, and air conditioning systems improves energy efficiency and tenant satisfaction.3.