Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

This type of company will be married with you through the longevity of the investment so naturally their interests will have to be mutually aligned. 

Hi Katie, do the tax benefits apply to just Real Estate professionals or could it also apply to regular full-time W-2 employees?

We have conversations with banks that they won't/don't have with regular investor.

Also, keep in mind that the DMV for vehicle tags is at a different location.If you love easy access to nature, you’ll love it here.

Naturally your relinquished property must be sold before you can take title to the new property, but its a great way to make the process as smooth as possible.Even though the time frames can feel daunting I find that 95% of exchanges from my clients are successful.

We as Architects do this regularly.

(2) Does anyone have any best practices or tips on dealing with rental properties and tenants that have been impacted by a natural disaster?

As someone who lives in Dallas proper, and gets good natured annoyed when some one who lives in Plano says they live in "Dallas" they places you mentioned would make folks who live in Prosper blush (40 miles from Dallas) blush.

Or just do a regular purchase and rent?