@Chia Yang - it's a tough market right now to find good deals.

Hal - not sure the rules for the biggerpockets forums. 

Angus Yang Welcome to the world of STR’s!

@Long Yang I would try including the municipality where the property is located somewhere in your post.

@Angus Yang here in Pittsburgh I work with hundreds of out of state investors and they all have different opinions on how to set up this and how to set up that.

The Miracle Morning - Hal ElrodThe Conversion Code - Chris SmithThe 7 Levels of Communication - Michael MaherThe One Thing - Gary KellerThe Slight Edge - Jeff Olson

@Sean Yang You said one thing that might give me concern if I were your agent. 

Hi there @Stanley Yang - I would typically agree with your CPA, that active endeavors (i.e. flipping) should be held and operated separately from passive income assets (i.e. rentals) due to the varying degree of risk exposure with each.

Kiyosaki- obviously his Rich Dad, Poor Dad is monumental for getting your mindset right.The Richest Man in Babylon by George Clayson is a book I'll read to my kids as a bedtime story (seriously).The Magnolia Story by Chip and Joanna Gaines - this book is packed full of inspiration that will change your outlook on overcoming failures and hardships.The Miracle Morning by the one and only Hal Elrod.The E-Myth revisited by Michael Gerber.So Good They Can't Ignore You by Cal Newport.And last but not least, The Subtle Art of Not Giving a F*** by Mark Manson - this one will be a book I read and re-read for the rest of my life.

@Sean Yang, you may have to report your W-2 and 1099 income to the states you invest in (because many states use your federal income as a starting point), but you will likely end up paying tax on only the income you earned in that state...roughly.