This is a screenshot from a private Facebook group for tax professionals.

Since the loan is still in your name, you can deduct the interest you’re paying to the lenderon your tax return... 

Cash flowing markets, low taxes, landlord friendly and large demand in renters. 

I set up tax lien as a keyword alert so I get alerted when someone mentions them.

@Mary Parsek you are pretty close with this forum but I would suggest posting this in the "Mortgage Notes" forums.  

Personal Financial Statement Borrower’s Schedule of Real Estate – or- Resume illustrating experience2-3yrs Personal & Property Tax Returns – All schedulesPrevious Year and YTD Property Profit & Loss statement w/ detailed expensesRent Roll w/ detailed lease informationCopies of all Leases3mo.

I have had investors pull equity from their homes in the phoenix area to buy cash flowing properties in Fayetteville and similar areas, because the price growth in the phoenix area generates amazing returns.It depends on if you want cashflow now or delayed gratification later.Keep in mind that when you do sell, there are costs to selling and depreciation recapture  and IRS taxes, which eat up most of your "equity" growth. 

I can save a fair bit on state tax and rent as I'm currently living in California. 

There are tax benefits to running everything through an LLC, but again, seek advice from a tax professional.

Florida has some strong rental areas, but things like insurance, taxes, and property management can vary a lot depending on the city.If you ever want to compare notes or chat about market trends, happy to share what I’ve seen!