Investment Info:Small multi-family (2-4 units) buy & hold investment.

Quote from @John Aaron: Anyone know any hedge funds that’s buying right now and their buy box? 

I haven't thought as far ahead as looking at potential areas to buy property.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

@Travis TimmonsI had the same reaction as you did, but I held off on posting since I don't yet invest in STRs (I'm all LTR so far, and looking into my first MTR).Buying an STR "to offset income" makes me nervous as well...

Do not buy into the NAR spiel of crap tools.

Quote from @Allison Cutlip: Hi all, My boyfriend and I are buying our first home that is a duplex, planning to live in one unit and rent the other side.

I had not thought of that since I am not buying or selling anything.  

I wouldn't recommend setting up an LLC out of state if you are buying in Tennessee unless your tax advisor is looking to help you on strategy.. but from a numbers standpoint, it really doesn't make sense when you start adding up on all of the annual LLC reporting fees from different states and then it starts cutting into your cashflow.

(aside from the 1 or 2 homes that have stunning overlook views).When building out your buy box, are you all using the averages, or are you basing your min/max on the cream of the crop listing revenues, even when there aren't clear reasons as to why they are performing so much better than others?