Site location is 15 minutes commute.Tesla’s first major investment in South Carolina, opening Distribution Facility; from Whitmire the site location is 30 minutes commute towards Greenville.Above average National Blue Ribbon Public Schools.

I do realize that in some cases the LT market rent can't support cashflow after paying for PITI but in cases where it does, this is an option.  

Tax Implications State Taxes: If you form an LLC in your home state, but the property is in another state, you might have to file tax returns and pay taxes in both states.

Just add the late fee to the principal balance owed if the borrower ignores paying it.  

I am always surprised at how many taxpayers don't want to pay for tax planning so they can make informed decisions.

In short, if you're not renting every week of July-August and every weekend of the winter, you're taking losses, particularly given the ridiculous prices I'm seeing new investors pay farther north in vacation areas like North Conway or the White Mountains.And looking solely at North Conway's recent court case is a red herring: plenty of small towns around the NH continue to enact knee-jerk reactions and excessive permitting/regulations as a reaction to STRs assumed role raising housing prices and shrinking supply for local residents.

I don't have the money to pay cash for a home in order to get around that requirement, so i'm looking for ways to finance future deals without going the traditional mortgage route.

FYI, she currently is responsible for paying the taxes and gains the tax benefits from ownership. 

@Scott Trench thanks for paying attention and chiming in.

@Timothy Lin  The idea of the 1031 exchange benefit is to allow investors to use the capital gains tax they would otherwise have to pay when selling their investment property, And keep the profit from the deferred tax in their pocket.You get to indefinitely defer it into any type of real estate that that might meet your needs better.