If so, they can sell within 2 years and not pay capital gains taxes on the sell of the home.They could take that money and buy multiple rental homes in other areas if they wanted, or use the money to downsize in to a different home while still having money left over.

I will continue this no matter what because I believe it makes a difference in reviews.

Because instead of collecting one rent check per month, you’re collecting multiple payments from different tenants.

In addition, some states have different regulations tooI'm sure that someone that specializes in Insurance can give more insight into what is and isnt necessary or best for our properties.

If you have other money besides the 20K then this is a different story

Hey @Kyle Nikolich - You'll get many different answers for new construction costs. 

Not sure why the process would be any difference for a voucher holder in a duplex or single family.

I’ve read a couple books but I am always willing to learn… Also if you were 21 , what would you have done differently?

I wouldn't recommend setting up an LLC out of state if you are buying in Tennessee unless your tax advisor is looking to help you on strategy.. but from a numbers standpoint, it really doesn't make sense when you start adding up on all of the annual LLC reporting fees from different states and then it starts cutting into your cashflow.

All land courses are the same in essence;What is your end goal is the only thing that is different?