If people are moving to the area then there will be more need for housing and vice versa.

Tax question - ask an accountant.Primary residence converted to rental and vice versa requires 18 months I believe. 

In all instances, it is with attorneys that I have a relationship with and I believe that there is value in that as well, vice just going to the cheapest route.

Realize that you're in a hospitality business with the benefits of also being a real estate investment, not vice versa.

You will want to talk with an attorney in your city that can answer that question for you.A few tips:-Be careful if you ever transfer the home from your name to the LLC (or vice versa), as many mortgages have a due on sale clause that will cause the entire principal to be due upon transfer of the house.

As Doc would say to Captain Kirk. 

Knowing myself, I'm sure I'll come up with more questions for the lawyer after I see the accountant, or vice versa.I plan on discussing:JVs and partnershipsNote investing (seller-financing)LLCs and (Land) TrustsPurchasing foreclosuresThanks for your thoughts, even if it's "it doesn't really matter."

Location and area are only 2 factors.A great property in an ok area could outperform an ok property in a great area or vice versa.A better managed property could outperform...

Vice versa? 

I hate to be captain obvious but I don't answer calls I don't recognize.