You pay a bit more, but you get exactly what you want and don't have to worry about maintenance for a while which is obviously a savings.I live in the Woodlands, so considering the location of my home and rental property, I'd ideally like to build this in the area of The Woodlands, Conroe, Spring, Tomball, Klein, or Cypress. 

Two identical homes located next to each other would come up with the same value, even though House #1 was just renovated to a very high standard and House #2 hadn't ever been renovated since it was built in 1949.I always tried for an identical (or nearly so) beds, baths, sq ft of living area, garage and acres. 

I havent looked into it, but the location is solid.

However, I have contacted the Secretary of State office and it states on their website that there it is a one time filing/fee to form an LLC there.You will typically want the LLC setup where the asset is located. 

This is what they provided in an email:Our team has a fixer-upper located at 103 Tropic Ct, Fort Pierce, FL 34946This Fort Pierce home consists of 3 bd/ 2 ba/ 1,342 sqft of living space on a 7,469 sqft lot. - Investment Duration: 30days (Investment + ROI in full)- Return on Investment: 45%- Purchased Price: $150,000- Rehab Cost: $30,500- ARV: $240,000- Minimum Investment: $30,500- Maximum Investment: $30,500- End Buyer Escrow Commitment: 20%Rehab Cost BreakdownRehab Cost Breakdown1.

.- Property Class will affect location, tenants, maintenance, vacancy, etc.2) Not doing enough of their own due diligence when buying a property. - Trusting agents & PMCs too much!

I would say that this is an amazing location and you're going to learn so much!

In a great and popular location with rising rents and upside on price with renovations but also that will cost in the short term to improve the property. 

Your location references Kansas City, Kansas, but your post seems to reference the KC metro area.

We walked through a property that we went into thinking we were not going to like it and we ended up loving it and jumping on it pretty quickly after because the seller was getting other cash offers and the price/location/set-up of the property just fit our situation well.