I can envision that the numbers on these luxury homes would lead to to a long lag time...but hopefully I'm wrong. 

Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.

You'll need documentation of the cost to replace, hopefully, pictures from your cleaning team before their arrival, an owner's closet with lock for supplies, and limit the number of supplies you provide to a determined number.

When we got engaged, my wife didn't want roommates but was willing to do a two unit situation.2.

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

But the perception of difficulty is greater than the reality usually.

However those with no to very limited experience will never get a fix and flip loan  from a bank. 4.

Your income isn't high enough for it to make sense as a rental and the closer you get to your residence limit the greater pressure you will have to sell it before losing your exclusion in whole or part. 500k right now can make $15k per year income with zero maintenance or tenant risks. 

But either way, it is a fairly substantial number of States and many of which have large population centers.

Your options are limited. 1.