Quote from @Sam Robbins: Hi,I’m Sam, a new real estate investor in Nashville - I got my first property this pas year, just south of the airport.

However, this means you’ll need to comply with the annual filing, franchise tax, and reporting requirements in both states.

Hope this helps. 

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Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Just ensure to complete necessary due diligence - this can include, but is not limited to, title search, property inspection, appraisal and/or survey. 

I was going over his financial information and saw that the guy was making over $50,000 a month and asked him what he did.

Quote from @Benjamin Finney: I'm curious what real estate investors and private money lenders like myself use to inform their businesses strategy and predict future market conditions.

Based on the below information, what would you be offering for these?

Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not.