I like the idea of getting additional liability protection on both the property + a commercial umbrella policy as we are planning on growing our portfolio.

We are in the top 10 fastest growing big cities right now, so families and singles are constantly flying in to check out the area.Raleigh allows short term rentals if you apply for a license.

While I'm grateful for the appreciation, there comes a purchase price for new acquisitions where the returns diminish rapidly and tougher to find properties that fit my buy box. 

I used the proceeds of the primary residence I owned in NC to grow a portfolio of value add buy and hold here in College Station.

Their education and support gave me the confidence to expand my business and now have my own fund and growing membershipI have found that the majority of complaints from students of any education focused company failed to take any action and failed.

We created an LLC because it seemed like the right thing to do and we’re looking to grow our rental portfolio now.

So, I guess I will hope social security pays something in 20 years and the stock market is still there when I grow old.BTW, I am an experienced investor, I know I can dump everything in the stock market but I am hesitant to do that.

I tell ya those things grow legs every 2 years for some reason.

STR-friendly markets make it easier to get started and grow your business, and the lack of state income tax is a huge perk.

Consider what your long-term goals are, is this your only rental or do you want to grow your portfolio?