Is it better to open an LLC in the state where the property is physically located OR in the state where I live (Colorado)?

The rules are located in the footer of every page.Happy posting!

This requirement may be waived if there is a valid Resident Agent (point of contact) located within 25 miles of the Town of Baileys Harbor, in such a case, the owner/operator shall provide a copy of the Resident Agent contract to the Town and notify the Town within 30 days of termination of any such contract. b.

If you want to rent to college students, you could rent by the room for 10 month leases and if the location is right, Airbnb the property during the summer months.

Where is your rental located?

They also want to see that there will be a thriving rental market to support the property and that it is in an area with growth in case you need to sell the property.Providing a location for your property will help us understand the issue better.

I live in my PR located in IL, but bought a home in FL with my daughter which she is house hacking.

Focus on locations with growing populations like the outskirts of Atlanta, Charlotte, or Greenville, SC—these areas have strong rental markets and good business potential.

It's a different kind of program where we don't even consider the DSCR on the property, we mainly just look at the borrower's credit, their investment experience, and the property itself (where it's located, value, use, etc).

Thanks so much in advance.Asking price: $1,035,000Offered: $995,000Space: 3,920 sq ft $18.53 rent per sq ft = $72,672 CAP rate: 7.3%Lease Type: NNN in Condo building Existing tenant: Dermatologist with other 3 locations in the same city since 2008.