I have thought of syndication in the past, but shied away from it due to the legal fees to set it up and the regulations. 

I have decided to exist the NYS market due to the regulations.

If you're just starting out, you may want to try renting to the general population in the area before diving into a specific niche with more rules and regulations like section 8 which may cause more time and delay. 

Here's the link to the webinar and other docs. https://www.sml.texas.gov/news/precomment-draft-and-stakeholders-webinar-notice-mortgage-regulation-rule-review/The second is a Maryland case The Estate of H.

What if you can get in, make all those moving parts work, then they changes the regulations there? 

But how many people actually run a tight perfect ship in compliance with every single law, rule and regulation?

Again, it's about establishing a connection. 3) We did a property walk-through.

You want a city that has red tape because what red tape really means is that there are regulations.

Plus, managing an LLC adds complexity, requiring adherence to state regulations and additional paperwork.

From what I have read, this is viewed as a "gift" and so the capital gains tax implications change based on local laws/regulations.