I am a new member as well and look to learn along side you and all the members. 

If you'd like, message me here on BP, and I'll be happy to provide a few companies you should speak with alongside REI Nation to help make a sound, informed decision. 

Now for the next hiccup, spoke with the health department today, they are saying the entire septic system will need to be replaced because of a change of use.

I went into Ohio market 12 years ago, alongside with continuing to invest in Canada, and sure glad I did. 

It might be worth looking into specialized insurance providers that cater more to investors with rental portfolios, as they usually understand the nuances of long-term investing and tend to be more flexible.Also, if you're investing in certain markets, like Indianapolis, where property values are lower, you can sometimes balance these insurance hiccups with much better returns on your investments.

Sure, there are always "ways" to do things but... must be careful and if there are any issues or hiccups, someone will definitely get in trouble!

I have listened to the podcast forever and have grown real estate wise right along side of it. 

Alongside my academic pursuits, I have been involved in various entrepreneurial ventures.

If your wife is a stay-at-home mom and is involve with managing the rentals you may want to explore Real Estate Professional Status as an alternative tax strategy or along side your STR tax strategy.

to get to the point, i would find an area likely to experience more demand and ensure the financials work out for both MTR & LTR's. i would ideally start out with a fourplex and depending how that goes, possibly scale from there. i do believe that it is more traditional to syndicate on larger properties so i am wondering if you know if it is possible to syndicate, starting off, for one fourplex or even one MTR condo. my gut feeling is to start with one beach-front condo in florida that requires $37,250 down . a new construction fourplex, however, i could finance with a USDA loan myself and not have to consider investors so that may make things easier, possibly.no airbnb's. maybe VRBO. two week minimum stay. only in areas very likely to have housing demand due to new factories being built.i own/run an STR right now and it is going well with only the occasional hiccup.