There are benefits to using the LLC, holding company, or trust, but they all come with costs and add complexity to your life that is often unwarranted.

It is difficult to property vet these operators without learning on the experience of others - that is one of the biggest benefits of finding a Community!

Or you moved or you're helping a relative who lives in the area of the storage location.Summary:Although most discussions surround a 1 to 3 mile radius.

You should consider investing in RE outside your retirement account as well since there are different tax benefits available.  

My county has no zoning and I am relatively close to one small lake (3 minutes) and close to 2 big lakes (15 minutes to each big lake).

Quote from @Briant Rivera Arroyo: Hello everyone, I'm relatively new to the Real Estate scene, I've done some research and have concluded I am interested in wholesale to begin my journey.

Get with your agent and ask all the questions related to their experiences with flood claims and what you could expect. 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Too many people involved to do a relatively simple transaction.

Do you have any experience with construction of a STVR as it relates to claiming material participation while acting as co project manager?