Quote from @Brian Clark: Looking to network in Southern Maine to learn and share about long term rental properties. 

Quote from @D'Ann Melnick: Saw this was an old question, but it came up in search - this is all part of the rent stabilization laws passed in 2024 - https://www.montgomerycountymd.gov/DHCA/Resources/Files/tena...The pet deposit cannot exceed $300 and the total amount of security deposits collected cannot exceed two month's rent.

This is my first post on here and excited to share my real estate investing journey with the best partner in the world, my wife.. we are looking into buying our first investment property via hard money.

If these houses have stable long-term tenants, I share your concern.

The 24.9% share is greater than the national average of 13.8%, according to CoworkingMag.The Austin metro had a 261% increase in teleworkers between 2014 and 2023, the report found, which is above the national average of 207%.https://www.kxan.com/news/local/austin/report-austin-leads-u...

I do sole prop schedule C, as it turns out (for me) all the doing around with corps, filings and liabilities I was just wasting time and money.

Just be sure to account for the upfront costs, ongoing maintenance, and market demand to make sure the numbers work for you.Good luck with your decision, and feel free to share updates as you move forward!

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Can you share the ARV and average rents for the property, along with the zip code of the property and the number of bedrooms? 

@Nick Rutkowski Thanks for sharing this very painful experience.