That is what I've done in one state (Wisconsin) and now debating as I look in a new area (Arkansas), if I should form an additional LLC in that state.

I am about to launch my note investing business and have been running through my financial forecast scenarios.I'm in a debate with myself of how I need to get started.

Debating on holding off til 2024.4. 

You have to feed this “investment” each month in order to keep it... thus it is a terrible investment as it stands currently... rather, it is a liability.Investing for appreciation is a debatable topic in these forums.

It also appraises as an investment property and there's no debate as to how the property will be valued by the bank's appraiser. 

@Ben Howard - Got to this thread late but, as I read through it, I was wondering when a realtor was going to log some serious data into this debate. 

This is what I have been debating all night. 

Then you end up getting into esoteric debates about "reasonable use" and whether the thermostat really needs to be set at 66 all summer.

Well wait a minute... how can she determine the cap rate of the property if we're debating the property value? 

Yes, I know I can make an offer, but have been debating if it’s worth it.