If you buy a house you get a full inspection and check all its points, termites, roof, etc.

As a broker in a wholesale market, I "buy" a loan from a lender at a discount and mark it up for my profit.

Buying a nice place for 250k that's worth 250k is less sexy than having equity from day one. 

I am also looking for guidance on being an agent as I have a few friends and family members looking to buy within the next year.

You should buy a good book about being a landlord.

Based on a quick answer from Perplexity it seems like there would be no issue with you buying the home and collecting passive income, but you may not be allowed to manage it yourself since that is considered active work.

My wife and I have been buying rental properties for 20 years.

We have one other mobile home park and this property will determine my desire to buy more or sell.

People come here, buy, move away and try to keep the house as a rental.

.: I am getting conflicting information from 2 entities that help create LLCsThe property I am buying is in Arkansas, but I want to open an LLC in Wyoming One entity that helps creates LLCs is telling me that the WY LLC can own a property in Arkansas.Another entity that helps creates LLCs is telling me that the WY LLC cannot own a property in Arkansas, and I will need to create another LLC in Arkansas and the WY LLC will own/manage the Arkansas LLC.Can anyone who has actually created a WY LLC and used it to purchase property elsewhere answer this question for me please?