Ideally, you would want one that would share systems with you (spreadsheets, budget tracking, walkthrough checklists, etc) this would save you a ton in time and duplicated effort. 

Here's what I’m targeting:Investment Criteria:Unemployment rates below the national average.Rent-to-price (RTP) ratio of 0.60 or higher.Median home prices below $150,000.Growing population and areas where rents are stable or increasing.Key Questions:Which markets have you found to be ideal for first-time investors?

For example, when selling or holding investment property, individual circumstances can dictate that it’s a smart move to sell.Most reasons for selling investment properties are related to profit.

Your participation was substantially all the participation in the activity of all individuals for the tax year, including the participation of individuals who didn’t own any interest in the activity.3.

Be also mentally and emotionally prepared for the folks that think just because this is not your primary home, it's somehow less of a catastrophic event for you because others did lose their primary homes.That's why it's vital for you to form support networks with people who are in your same boat - ideally in the same community.This truly pains me to share - but most of the disasters I'm seeing across Western NC are going to be considered flood events and if you do not have a separate flood policy you will likely get no coverage.

Moving to an LLC will help going forward to show the property is owned by an LLC rather than you individually.

My wife and I want to put a Tiny home on our property and ideally rent it on airbnb.I have read several different things on STRs in Oceanside.

Once you decide:Take photos  - create the write upList in the places you want to find your ideal client -roommateInterview the people you'll be comfortable having at your home.Lease and repeat!

It is always great to meet like minded individuals.

However I recommend speaking with your accountant/tax advisor before making this determination as this may differ depending on the individual and their objectives.