If the LLC owns a property in a different state, most of the time, the other state will require you register your LLC as a foreign LLC. 

In my opinion, the only valid investment strategy to acquire real estate for low money down, even though it still requires about 3%-5% down, is to house hack.

Even if inspections aren’t required now, that could change in the future.

I have the lead paint and Seller disclosure forms and am familiar with an Ohio contract but not sure if there are any specifics required in the state of MI.  

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

The agencies require all properties be - on average - 90% occupied over the prior 90 days (IE - the property needs to be 90% occupied on average over the trailing 3-months leading into quote / commitment).

@Lauren Ruppert Yes, an LLC can sell a property to your child’s LLC, ideally at fair market value (FMV) to avoid gift tax complications.

You will start with the larger pieces and fill in with accessories, wall art, rugs, and decor.Because I own cabins in a mountain environment, I try to avoid the new case goods.

•Many STR investors are in the $300,000–$500,000 range, so homes closer to $600,000–$700,000 may face less direct competition but will require higher nightly rates to be profitable.

I require a real estate attorney to draft a wholesale contract (assignment agreement) for two properties in St.