All are within 30 minutes of major employers.  2) Like most metro areas in the surrounding states and regions, we've had an inventory shortage for more than 5 years.

I believe the better question to ask would be: Based on my skills, employment, time availability and resources which are ______, what is the best city and strategy for me?

The guaranteed rent is great, but don’t let that lull you into taking any tenant with a voucher—look at their rental history, employment, credit, etc.

When your self employed like we are I dont think a lot of folks realize how vulnerable our lives can be in a financial melt down like the GFC.

You'll need good contact info for them to be able to collect, and ideally the new address for the tenant however which if you don't have can probably be found easily with some online sleuthing/ contacting their employer, skip tracing software, etc. 

The number one employer is the state government, because the capital is next door, and the number two employer is the federal government, both are not cyclical and don't fluctuate, if anything their job base increases. 

It's understandable that you're seeking to invest in real estate to secure your financial future.Background and Financial Situation:Given your circumstances of having $150k in cash from an inheritance, a credit score of 756, and a year of work history, you're in a relatively strong position to begin your real estate investment journey.Strategies Considerations:Out-of-State Investing:Investing in areas with lower property values and employing the BRRRR strategy can be a viable approach.

He is supposed to go public sometime. yep the set employment tax Ill have to look at , I would max out the best I can with the income and age 65 and over contribution to a roth .

A real estate business is not different then any other self employment income.

Once you have the LLC and IRS Employer Identification Number you can open a business bank account to track rental income and expenses.