Of course, I had to make additional assumptions about the cost of property taxes, insurance etc. 

Especially if your son could then try to sell his primwry with the ADU under the sec 121 tax exemption I wonder if he could sell you the land?

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Prices will certainly vary between different tax firms.

Wyoming has no state income tax.4.

David,Yes, investing out of state can be a wise choice especially if you live in a State like CA, NY, NJ, CT where home prices are over priced and taxes are brutally high.

Its the City’s new way to enforce their Tax since so many weren’t paying

I'm not a tax expert, but I work with them.

They also like the tax benefits associated with ownership.I've taken both approaches and have benefited from each.

Estate Planning and Wealth Transfer: If you're building a portfolio to pass down to your family, life insurance ensured your heirs inherit your properties without the burden of estate taxes or forced sales to cover expenses. 3.