Quote from @Crystal Pace: Thanks @Sarah Kensinger - this is a luxury RV lot that is gated and right on the water.

Quote from @Crystal Smith: Quote from @Sam McCormack: Simple question, what are you looking for in a city to invest in?

(Practically, expect an eviction proceeding with this situation, and be pleasantly suprised if it doesn't come to that.)Lastly, make it a point to make each mistake only once, so tighten up your leases moving forward so everything is crystal-clear for the next time.Good luck!

Quote from @Crystal Smith: Quote from @Madhur Mehta: Hello everyone, I have been grappling with the below question for the last few weeks.We have a condo in downtown Chicago that we bought for $150k 10 years ago which generates ~$900 per month on Cash flow.

Quote from @Crystal Smith: Quote from @Jay Hinrichs: Quote from @Paul De Luca: Quote from @Nicholas R Foster: Quote from @Paul De Luca: Quote from @Nicholas R Foster: Hello Bigger Pockets family, hope as is well! 

There's certainly no right or wrong answer, and as you say, everyone has their own opinion, but generally I think you will find most people on this site having the opinion that such an involved structure may be overkill (of course, no one has a crystal ball either).California is generally more cumbersome than other states when it comes to taxes and filings.

This is where your goals needs to be crystal clear. 

I think @Crystal Smith said it best.

@Crystal H.

Nobody has a crystal ball to predict the future but, generally, rates will likely go down, property will appreciate and rent's will increase.Getting experience as a landlord is valuable too...