So, even if your lease states that the tenant is to make a repair, if it makes the unit uninhabitable the LAW will hold YOU responsible not the tenant.

A couple of 120k houses that rent for 1,200(paying the bills and appreciating), and a STR on Dauphin Island, Alabama that brings in about 50k yearly(doing great, until the next hurricane...lol). 

I stopped working in Long Island 15 years ago, too expensive.

In addition to Storey Lake, we like Solara, Windsor at Westside, Windsor Island.

Wondering how to do what you did regarding appreciation, still being able to manage the costs if it is a high value property, which of course it would also be in BC - the changing zoning here in BC is interesting, and we are seeing people buying the single family zoned properties simply because there is no more land here on Vancouver Island.

Having trouble getting approved when property is on a barrier island close to water ?

Grand Manor Mansion is located in Galveston's East End Historic District and has been named one of the top 9 B&Bs on the Island  

Ask a CPA or DM me for referralI agree the LLC is unnecessary if you're just managing this one property for them.A problem with this plan is that Hawaii State law requires an on-island contact.

Hi Ryan,My brothers and I own a property on the island of Bonaire, another Dutch Caribbean island, near Aruba. 

You'll need to credit their rent for the time that the unit in uninhabitable.