I plan to keep this house and use it as either a rental home or continue to house hack it.

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

Last year, you bought your first rental property.

These are pros and cons:Pros:- Access to Better Markets:Investing out of state allows you to choose markets with stronger economies, population growth, and higher rental yields.- Diversification:Spreading your investments across different states reduces risk and helps protect your portfolio from local economic downturns.- Affordability:Some out-of-state markets may offer lower property prices, allowing you to get more for your investment.- Higher Cash Flow Potential:Certain markets might provide better rental income, leading to increased cash flow.Cons:- Limited Local Knowledge:Understanding the nuances of a new market is challenging without on-the-ground experience.- Property Management:Managing properties remotely often requires hiring a property manager, adding to your costs.- Increased Travel and Communication:Regular visits and long-distance coordination can increase both time and expense.- Legal and Tax Complications:Navigating different state laws and tax regulations can be complex and confusing.Out-of-state investing can be a great way to grow your real estate portfolio, but weighing the benefits against the potential challenges is essential.

@Andy OkamotoOne cautionary note: if your idea of "cash flow" is $10K in net operating income, $120K before taxes in your pocket every year off your rental property, well, if it happens to you in 10 years, it will be a low-probability event with a lot of lucky breaks and eventually will likely ruin your life when you make a misstep because you assumed your lucky break was the norm.If you're serious about moving out here, at least look at the Pittsburgh area and its proximity to Carnegie Mellon (tech) and UPMC (health care).

I am trying to take a HELOC on my primary home for a down payment for my very first rental property.

We already had a short term rental condo in this area of Tucson.

I am wondering if this is a reflection of a shift in our rental market or if others out there are finding the data is skewed high on that platform.  

Property management Company is demanding 1 month rent for failure to give 45 day notice of non renewal of lease plus 60 day rental fee for time for finding tenant. 

I am looking at a property near Chicago and plan on closing very soon. I have a question regarding the title for the property. Should I close the title on my name or would it be a good idea to open an LLC or trust and...