NMLS registration is a bonus because you can look them up on the federal registery to make sure they are real..

I think this is the first step so they can know who has the lead pipes before they pass a local ordinance to require the replacement at the property owner's expense.It's a "first registration, then confiscation", of sorts.

Quote from @Mahender Bist: Quote from @Ashish Acharya: @Mahender Bist For properties in Alabama, forming an Alabama LLC is simpler and provides property-specific legal protection without requiring foreign LLC registration in the state.

Don't forget about your LMRC# and your registration fee!

.- 3rd Thursday - Folsom Out of Bounds (date may change for the months of Nov and Dec) Meetup Link  @Kevin Gleave- 3rd or 4th Wednesday - Citrus Heights Real Estate Round Table (CH Cafe & Grill) - they recently relaunched and stabilizing the schedule Meetup Link- 4th Tuesday - West Sacramento Real Estate Meetup (date may change if there is a holiday the week of that month) Check Meetup LinkI'm working on putting together a dynamic google doc listing current Link to Each meetup event with speaker and registration links.  

Do they provide any paperwork or registration etc? 

IANAL, but just had a call with them and signed up for a holding company registration, and an LLC for a LTR in South FL that I have been running under my STR property LLC, registered in another state (which I don't think was giving me the intended protections for the FL property).

Each town is a little different, some require you to do a landlord registration and/or will want to do an inspection before you put a tenant in (calling the town would probably be the easiest, or they may have the info right online).

I drove by the properties I was interested in but unfortunately missed the registration date so I’ll be waiting until 2025.

Personally, I haven't seen any change in interest since the registration ordinance was implemented.