For someone new to real estate investing that wants to do long term rentals, do you recommend starting off in an area close to them/an area they're familiar with or someplace that will give them the best return even if it's out of state. 2.

I got so lucky - the first 3 years, during the depths of the pandemic, I had a perfect tenant, no problems, even during the storms. 

That would take 2.5 years just to break even.

Now, I'm imaging a scenario when every one of these tenants move out that I'll be paying their entire security deposit + interest even if there are damages beyond normal wear and tear. 

Most investors don’t even need an LLC and a holding company is extra, extra overkill though IMO.

Even if you're hours away.

and even if you aren't going to do an inspection, can you walk it with a couple contractors?

Good evening BP world,I am looking to make some contacts, specifically RE agents and hands-on investors in the phoenix area, in order to start acquiring some value add SFH investment properties.

Based on my calculations, even with a low down payment, I can achieve positive cash flow (with aggressive enough house hacking).

But I'm not sure how I would structure these deals or if I could even get these deals!