I wouldn't worry about small details like setting up LLCs, just focus on establishing a solid market and making good connections with people on the ground there. 

I have spent a lot of time reading and re reading everything you all generously took the time to write here on my post.Shiloh, all of your detailed information is awesome and led me down multiple paths of research and has given me much to consider.

You and your legal, tax and financial advisors should review this transaction in greater detail, especially the PLRs, to ensure you understand the significant risks involved and are structuring the transaction as close as possible to the PLRs to mitigate some of the risks.

—it’s also about reliability, attention to detail, and someone who just “gets” your space and your guests’ expectations.Do you have any hidden gems, local recommendations, or tips to share?

Provide clear instructions on where and how to pay to avoid confusion.Recover Security Deposits: The current property manager is legally obligated to transfer tenant security deposits to you or the new management company.

@James Wise LOL, Devil is in the details.

The quoting process was incredibly easy but I needed to know the details of the actual carrier and the rating to get it approved by the loan company.

Without too much detail I had to quit my W2 job 2 years ago to care for my disabled son and my wife is still working.

Here is the link: https://www.realtor.com/rentals/details/124-E-Durant-Ave-Apt...

Send me a message if you want to chat in more detail (background is in live in flips, LTR, MTR, and STR).