Registering as a foreign LLC allows you to maintain continuity with your existing business structure, branding, and EIN while operating legally in the new state.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

They are a husband and wife team operating under an LLC, so I assume it was easier to go after me (property owner).

Following this discovery, he promptly contacted his attorney to dissolve the LLC.Additional Questionable Entities:Dogwood Capital InvestmentsM&M Capital Finance LLCKey Takeaways:Conduct Thorough Research: Always verify a company's registration with state and local authorities.Scrutinize Documentation: Examine identification and corporate documents closely for inconsistencies.Verify Contact Information: Ensure that all provided phone numbers and addresses are legitimate and connected to the entity.Be Cautious with Payment: Avoid wiring funds without extensive verification of the recipient's identity and legitimacy.While the majority of direct and private lenders operate ethically, even a single fraudulent interaction can damage your reputation and finances.

There are three stages to real estate development (1) pre-development; (2) development/stabilization (3) continued operations.

Despite the house being operated for years by the prior owner as a STR. 

Higher ReturnsCo-living generates up to 5X the cash flow of a traditional rental.

Quote from @Steve Wortman: Currently the owner operator of a motel.

The first 6 months are acquisitions, removing non paying tenants, and taking over operations/management which is just the beginning of the stabilization process.

Britt, I've had coin operated washers and dryers in my rental complex for 8 years and they are very easy to cheat the mechanism with a common household item.