I’m based in Tampa and run Graystone Investment Group, focusing heavily on helping (out of state) investors find and manage properties here in Florida.Totally agree on the importance of understanding those short-term rental rules in Florida—each area can feel like its own little country with all the different regulations!

If you are focusing more on turnkey's then I'd suggest partnering with one of the investment companies so you can buy a property that's been completely renovated and that has a resident already in place.

But my point is that it's not as simple as just finding the cheapest LLC state and opening an LLC there just to save money.

@Marc Anthony MacielIf you're diving into house hacking and multifamily investing in Southern California, you’ll want to focus on markets like Riverside, San Bernardino, Ontario, and Long Beach—areas with strong rental demand and solid appreciation potential.

This can lead to significant tax benefits and improved cash flow.I'm here to share my knowledge and answer any questions you may have about cost segregation, how it works, and whether it's a good fit for your investment properties.

This is advantageous bc later you have a third party loan (not your personal money) so seasoning period is 90 days to DSCR out. 

I would just be more cautious about the area you invest in and see what other investor experiences have been in the area you do decide to invest in as well.

So I am looking to see if anyone has ideas about what options I should consider to gain more experience in real estate investing as I get my finances up to make my first purchase.  

Instead of jumping into an expensive Long Island market with negative cash flow, consider investing in a Texas market like San Antonio, Houston, or DFW suburbs—these areas offer strong rental demand, lower property taxes than NY, and better cash flow potential.

I'm Alejandro and me and my wife are doing our research to start investing in the US.