I would also add in some counties, moving the LLC from your personal name into the LLC can be considered a taxable event, you would need to see what the specifics are for where the properties are located.

Facebook groups are great for people asking about furnished homes to rent due to relocations etc.I would say getting reviews is your main priority right now so if you can price slightly under your nearest comps to build these up it will help you in the long run. 

Investment StrategyHouse Hacking in Las Vegas: Continue with the house hacking strategy in Las Vegas, as it allows you to live in one unit and rent out the others to cover a portion or all of your housing expenses.

Tenant stopped paying rent.

We rented to them as they had cash from selling their home and paid us first, last, and security plus 3 months of rent extra.  

Can someone explain how using the Heloc to purchase the property with cash, then rehabbing it, then renting it out and then refinancing the home would benefit them in this scenario?

I have asked for documentation and can get back to you once I see it.You might reach out to @Lynae Chambers She has a property that she rents as an Airbnb either in or near Morrison.

Hello BP landlords,My property’s mailbox keys were not returned by the previous tenants and my management company is saying that they can not get my mailbox keys until a new tenant is in the property so they can request a key with a copy of the lease. is there any way I can request a mailbox key from the USPS before my unit is rented?

Michelle, where is the property located?

Ask the agent your about insurance on a property that you are living in and renting out.I also agree with @Rene Hosman's statement that finding a property to make into a multi-unit property (assuming zoning allows it) is probably the most cost effective approach in our current market.