Registering as a foreign LLC allows you to maintain continuity with your existing business structure, branding, and EIN while operating legally in the new state.

I have a job that also affords me a lot of spare time in my schedule and I'm looking to use that time to begin/continue/grow a real estate portfolio.

However, this has to be the primary residence of everyone on title in order to qualify and even if that were all true, we're still only up to $1M that way.I agree with the other commenters, the parents should continue to own it and live in it as their primary, leave it to the daughter when they pass, and she inherits it at the stepped up cost basis. 

We are continuing to do regular flips and wholesale deals,  4 new builds this year.

The Phoenix real estate market remains strong and is expected to continue growing in the coming years.This is what my research showed me about the market, but two things should be duly noted here.

How bad is this going to continue to hold back the CRE market?

Be ready for continuous learning and remember that networking is essential in this industry.

I'd likely just agree to break the lease with a couple months of rent as a penalty rather than force these people to continue being tenants in my property....you never know what will happen to the condition of the property.

The simple fact that you want to continue to build with us and add to your portfolio is a humbling compliment.  2025 works great for us and we will be here for you when you're ready.

If they continue, I will ignore it.