Going forward, I'm going to invest in real estate with a specific purpose and intention, cash flow. 

Hi JF, You can certainly sell one (1) relinquished property and acquire two (2) separate replacement properties as long as the total purchase amount is equal to or greater than the net sale price of your relinquished property. 

I have 1 section 8 tenant who was there when I purchased the property and it's been a load off my mind knowing he's paying the mortgage while I search for another tenant.

TenantClooud, landload customer service team:Many times, when you call TenantCloud's customer service, the representatives may not have detailed knowledge about the specific programs or features.

I have spent the past several years studying market trends, analyzing potential investment properties, and building a network of industry experts.I'm specifically looking for a fellow investor located in the New York area who is interested in collaborating on initial buy and flip projects.

If I purchase an investment property with an LLC can I still take advantage of the STR bonus depreciation?  

Best, Tone  No worries, If you are ever looking at the Austin area, right now, I have new construction that will get you $397 a month in cash flow and a 9% COC return at just 20% down on a 210k purchase. 

An experienced RE investor has a better understanding of what is a sound property, market trends, and how much should be invested to reach your overall goals.I'm not in Georgia, so I can't offer a state specific set of pros and cons. 

I'm purchasing my first STR.

That is why it is important to have contingency plans a solid agreement in place before entering the purchase of the property.Your options are to buy him out yourself or raise cash to buy him out.