STRs are grouped using a an election for “non-rental” businesses under Treas.

Why do you want to buy 2 rentals a year?

I would recommend that regardless of market you decide to invest in that you find a fellow investor/realtor that can help you purchase in the neighborhoods that make for ideal long term rentals.

Bought from neighbor next door to rental we owned.

Furthermore, whole note investments benefit from an additional 0.5% annualized yield and are entitled to a share of any extension fees charged to the borrower."  

I am looking at Carrollton ga to invest in long term rentals either SFH or small multifamily.

@Desiree Board For your mix of long-term rentals (LTRs), short-term rentals (STRs), and house flipping, an LLC is ideal for liability protection and pass-through taxation.

Currently looking to buy a rental in Liberty, Missouri.Hi @Micaila Frazier, welcome to the BP Forum!

For example: If a tenant applies for a $1,000/month rental and they have gross monthly income of $3,500 they meet the first criteria, but when applying the second criteria you find they have a $500 car payment and $250 child support payment.

We also buy the rentals we lock up and offload some too so I'd suggest doing your marketing in the market where you want to build your portfolio.