Since its local I may self manage but incorporating PM fee in the below.Rental value - $2200P&I                - $936Taxes            - $709 ($8500 per year)Insurance    - $42 ($500 per year)HOA              - $110Repairs and Maint (5%) - $110Vacancy (1 month) - $184Leasing fee (1 Month rent in NJ - very high) - $183Management fee - $183Net Cash flow - Negative $257However, if I do not factor in a leasing fee as I can rent it through Craigs list or a management fee due to self management and amortize vacancy over 2 years assuming a 2 year lease which is quite possible, net cash flow will be a positive $201. 

When I incorporated my LLC, I used a registered agent with a different address, and marked that I did not have a principle place of business (I didn't at the time).Only one of my tenants knows where I live - it was a special circumstance and I live 5 hours away.  

To effectively manage these challenges, construction projects should incorporate a comprehensive plan for risk management 💯 , including an assessment of potential risks 🆎, development of strategies 💡 to address risks 📌 , and implementation of those strategies ✅.In the next post, we will cover 'Organizational structure 🌐 and various parties👥' that are directly involved in your Construction and Development Project 🏚.

Did you incorporate those into your analysis?

I am a freelance graphic designer and need to build a retirement plan from scratch.

It is full featured, simple interface, and handles all your accounting, screening (for a fee) , rent collection (with no additional fee), advertising to all the search engines, etc, etc -  and the pro version incorporates the ability to have multiple owners like where you planning to go.  

Here is a graphic to show what real estate has done on Hilton Head Island this past year. 

Fortunately, many business owners were doing business out of their "garages" as sole proprietors long before incorporating or forming their llc.

What about looking at the differences from the perspective of ease of incorporating/doing business/taxation?

@Neesie Gomez I'm sitting in a Keller Williams class called Incorporate + Capitalize and just learned that an LLC can elect to file taxes as an S-corp (once the business begins to generate $60K in revenue).S-corp is a business entity status for tax purposes.In Georgia, the easiest way to incorporate a business is by simply creating an LLC via the Secretary of State's website (https://sos.ga.gov/how-to-guid...) yourself for $100.You don't need an attorney.