Your attorney or CPA should be able to create tax efficient structure for you.To avoid this, keep management and decision-making localized to Alabama, and consult a CPA or attorney to ensure compliance with both states' regulations.This post does not create a CPA-Client relationship.

There are many local real estate investors that you could contact in Omaha that he could follow around and absorb the process.

This is a local realtor. 

If the deals locally don't work no matter how you cut it then look at investing out of state

A local real estate agent with MLS access and market knowledge will be able to provide the most accurate rent estimate.

Then, there’s paperwork to finalize with the local housing authority, and finally, you start getting rent payments.

Join local Facebook groups in that area and ask other people where they got their short term rental insurance through.

For me local real estate is where I think I have a competitive advantage. 

We just bought a house in a highly desired older neighborhood.The owner agreed to owner finance it with 5k down over 5 years at 0% interest.We did put some money into the house to fix it up some.The rental income will cover the payments.Always ask for owner financing, the answer might surprise you.Work with money partners to do more deals.Join your local Real Estate Club and learn new techniques and grow your network.

Everyone wants to buy a foreclosure until they get to see inside the property.Look at what this guy won at the tax foreclosure option.https://www.13abc.com/2024/02/25/buyer-beware-local-man-buys...It's not always pretty, profitable, and fast flipping like they show on TV and YouTube.