Please advise!

I know there is an ATI exemption that reduces the taxable value by ~25%.Anyone else went through this and can advise on how to move forward with this?

Without that existing network, I’d find out-of-state management much more challenging, and I generally wouldn’t advise OOS management for new investors who don’t have reliable local contacts.Currently, I’m in the process of transitioning my properties to a local property manager.

However, I noticed that most homes in the neighborhood have vertical fences.Do you think it’s advisable to go with a horizontal design, or would it be better to stick with a vertical style to maintain consistency with the neighborhood aesthetic?

Readers are advised to seek professional advice.

For that reason, I always advise clients to make sure the property pencils as a long-term rental so you have a plan to fall back on.As far as connecting with other local investors, have you considered joining the local REIA? 

I advise to be very careful of who you have work on this project.

If you could provide 1 piece of advise to a newcomer, what advise would you offer? 

Readers are advised to seek professional advice.

If anyone has any information or advise we would greatly appreciate your insight, we hope to bring value to you or someone you may know in exchange.Happy to tap into the BiggerPockets community and excited to make new connections on this journey!