Tax-wise, profits are taxed at your ordinary income rate, and frequent flips may subject you to self-employment tax if classified as a dealer by the IRS.

Through my studies, I met my current employer, who owns a construction company where I serve as the Sales Director.

The biggest employer shut down about a year ago and 3  hurricanes (2 major) hit directly in the last year.

When choosing a location for your first rental, it’s great that you’re considering factors like crime rate, population growth, employment rate, and price-to-rent ratio—those are all key metrics.

Columbus also has great macroeconomics - lots of job growth, population growth, and major employers developing here.

You may also need to provide additional documentation, such as proof of income and employment, and may need to have a co-signer who is a U.S. citizen or permanent resident.In terms of buying with an LLC, it can be a good option for some foreign buyers, as it can provide additional liability protection and potentially offer tax benefits.

After a year or two we intend to buy a larger property in the same area and partner with some friends on it but I do believe a boots on the ground person employed only by you is KEY to executing anything if you are not in the country yourself.

Spacious common areas and a quiet neighborhood.I’m drawn to this tenant group because traveling nurses often make great renters—employed, responsible, and in need of temporary housing.

Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!

I would try to maximize revenue through things like additional marketing/platforms for example adding VRBO in addition to Airbnb etc, as well as employing pricing software.