Having friends and family in LA... that nest egg isnt likely to touch much.

I have been kicking the tires on the idea of a STR nest old town.

That $400k nest egg could turn into $1M over the course of 10 years. 

All investment gurus, that I know of anyway, recommend using the power of compounding interest to make your investment nest-egg grow.

It is an entirely different situation to fall into that safety net and decide it is a rather comfortable hammock.Those paying the bills are finding the hammock too expensive to maintain and yet we are not willing to go through the difficulty of reaching in and pulling out those in that hammock one by one if they are willing and maybe using a little 'tough love' to kick out the ones unwilling or afraid to make the effort.Nature understands this, which is why the baby birds are booted from the nest whether they think they are ready to fly or not.

(It costed us $6k in oil the first 3 months of winter when we took over the property)The previous owner had the 1st tenant control the thermostat and had been spending over $10k in oil every year.Now, we installed NEST to control the temperature from our phone and have invested in changing the heat to gas.The heater has been on since the temperature has dropped to 40degrees at night.We have set it to 73 degrees.This morning I get a call from my 1st floor tenant that the heater is not working that it is too cold.I contacted my 2nd and 3rd floor tenant and they say it seems cold but they use portable electrical heater in the room to keep them warm.We are planning on renewing the lease and need to raise the rent.

And to add one more, we use August smart lock ( and nest thermostat) in our out of state house and kwikset in our primary. 

How do the nested LLCs work from a tax perspective? 

They will also nest and hide in groundcover.

Oh, once I found another PM down there to kick out the family that wasn't even on the lease, a pregnant feral dog managed to open up a hole in the floor and get inside, made a nest and had a litter of puppies in it.