Here is a summary of the book.https://www.nateliason.com/notes/long-distance-real-estate-investing-david-greeneIf the numbers doesn't make sense for you locally, that's the time you explore other route. 

If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.

I'd appreciate a note if you're an attorney who I can contact tomorrow (Feb 4, 2025) to go over this and verify the info.Thanks much!

As I have noted in another thread, the number of individuals who post on BP about the Huntsville market that have zero experience investing or managing properties here has accelerated recently for unclear reasons. 

Always meet in person:  This will give you a good idea of the person, if they're smoking a cigarette while talking to you, or being very negative about their previous landlord make sure you make note of that.4.)

Hello everyone, I am reaching out to the BP Community for suggestions.My Portfolio100% owner of 7 SFH PropertiesGP in about 30 SFH properties(of which I own somewhere between 25% to 50%)All but two properties are managed by a PM CompanyNet worth of the above is about $2,000,000 - $2,500,000My IssuesI have many SFH's - Which take up time(Currently spending time paying property tax and insurance, requesting quotes on insurance policies and overseeing the PM Company(approve rent increases, approve renovation projects, etc).They also take up head-space(having to remember property addresses, remembering when property taxes are due)(I have reminders/systems but something I would like to reduce)Goals1) Spend less time on Real Estate2) Free up head-space2) Make $240,000 annually from real estate(Which I think is not to hard if I can increase my net worth and can get an 8% return)Possible Solutions1) Sell all the SFH's and buy 4-Unit Properties to take advantage of conventional financing2) Sell all the SFH's and buy one large apartment complex3) Sell al the SFH's and invest in syndications4) Sell all the SFH's and purchase stock / bonds5) Continue to hold all the SFH's6) Any other suggestionsOther Considations1) Should I consider private notes?

If not I would suggest finding a servicer to collect and manage that note. 

Non performing assets are why the notes are so cheap and give great returns. 

Cities I’m Considering: Saint Paul, MNDes Moines, IAOmaha, NESioux Falls, SDWichita, KSOklahoma City, OKEl Paso, TXKnoxville, TNNashville, TNClarksville, TNCharlotte, NCSan Antonio, TXDallas-Fort Worth, TXIf you visit Fort Worth, I'm happy to show you around and or give you some notes!

Granted, this may be what you're looking for in your ideal "retirement" but worth noting!