For instance, and in brief only using one concept (not meant to be the full list of criteria), a rural property has a population restrictions and proximity to Metropolitan Service Areas ("MSA" - think big city area) as some restrictions.

@Pavan K. it could definitely benefit you in 2024 if that's when it was placed in-service.

Without it they are not legally required to do that (look up the "blue brochure" https://dopl.idaho.gov/wp-content/uploads/2023/10/irec-Agenc...).

Please feel free to reach out if I can be of service.

I don't service in NKY but I have heard good things.

It is very simple and cheaper to set up the LLC in NJ vs NY ($50 vs $200 when going on the state website) what is still an open question is I also need an operating agreement for the LLC once set up, wondering if that is also free as part of just getting the LLC set up on the state website or if I need to use a lawyer or a legalzoom type of service to do that.

I wrote to BP customer service and they confirmed that the app doesn’t exist any longer.

There are plenty of such service providers available, though they typically charge 10-20% of the gross rent.

There is usually extra charges on closing to pay for that service… but it is minimal.All the best!

There are plenty of other markets you can stay legal in and even turn a profit.