Also, no counties in Texas prohibit long term rentals.

After years of focusing on my career and building financial stability, I’m ready to dive into real estate investing and start creating passive income and long-term wealth.My short-term goal is to purchase my first duplex or single family rental. 

Glad you made your way here.. are you eyeing long-term rentals or short-term flips?

What’s the current loan balance and terms with the hard money lender?

Over the long term.  

:)General question here: I invest in long term rentals in Memphis, but I live out-of-state in NYC, so I was wondering if anyone had any general advice about starting an LLC in my situation.Would you form the LLC in Tennessee or would you recommend forming the LLC elsewhere?

I’ve been in the industry for several years, and my work has given me a solid understanding of property systems, maintenance, and what makes a home a great investment.I’m now looking to expand my own real estate journey by learning how to acquire and manage short-term and long-term rental properties.

My wheelehouse is long term management of investment properties, but I do have a good relationship with a loca Chattanooga broker who helps investors in the area.

This will be an excellent home for a starter home, small family, long-term rental, and definitely a really cute AirBnB.

I'm trying to make it so I'm on the deed/title and not the mortgage.I know the income side would be effected with the dti I was just wanting the debt side not to be.