An LLC is potentially one minor factor that might contribute to the evidence that you are running your rental activity as a trade or business, but it's definitely not required that you have an LLC to qualify.

Hey Max, Nice to meet you here.. do you have any top priorities when searching for a property to drive by?

I’m naturally inclined toward this area because it’s within driving distance of major west Coast cities (L.A., San Diego, and others)—making it feel like a “natural” choice for a regional traveller wanting to get away for a short weekend. 

Their clear incentive is to bet on falling interest rates between now and debt maturity.A small handful of owners are forced to sell due to a looming balloon payment that a refi won't cover, but you're not going to find one of those by driving the market when any commercial broker can just look up properties on that basis and start making calls. 

My real estate agent thinks I'll only get 1.1 million for my home but due to a few factors I think it should be more. 1.

Drive for dollars.

While that kind of income is not a deterring factor, when I looked over the terms of service many big red flags came up.

If you learn to drive a stick, driving an automatic is no big deal.

All in all I will be loosing 10's of thousands.This process killed all of my real estate momentum, but has ignited a drive to succeed.

I work a lot, probably more than the average W2, but we also travel a lot, at least 6 trips every year.So that's what's driving me, numbers on a screen are nice, but they are not fulfilling on a personal level.