Anywhere you see rapid and consistent year over year rent increases and a liberal-leaning City Council, you have that potential.

I'm willing to put all of my other properties on the market tomorrow to try to liberate cash, although I'd rather not sell unless necessary.

It felt pretty liberating to actually take action.

." -- Jacques LacanThere was enormous intellectual liberation in that quote from the chronic fear of failure I felt during my first renovation.

In more liberal areas, a small landlord may be sued for 5M and get an obscene judgment and in more conservative areas, the same issue may not justify 100K.

For a business owner with $100,000 taxable annual income, the net tax savings for using an S Corporation instead of an LLC in taxes paid every year can be as high as $7,500.Holding PropertiesWhen holding properties as a cash flow investor, the LLC (or LP) is generally the better choice because an LLC has more liberal distribution rules.

I am imagine being liberated of corporate oppression is a wonderful and terrifying feeling.  

The same will happen in Schenctady, corrupt liberal politicians will never change.

That is what makes looking at smallish rental investing so interesting, we all watch and learn, leap and burn, hit Jackpots, and just live through boredom.

If you are a buy and hold investor looking for cash flow then congratulations, you just hit the jack pot.