I tend to like new construction more than anything.Whatever strategy you choose, remember to be honest with home much time & risk tolerance you have & to always run your due diligence on any property before you buy it!

The only advantage of the IUL is the floor, but that’s only appealing for people who have low risk tolerance and don’t mind the ceiling on returns.

I am planning to go there first, since my ignorance may be better tolerated.

Also renters are more tolerant of the noise and pollution because they're not making a huge long term commitment in renting the place.

Each individual investor has their own needs and risk tolerance, so this will of course vary.

I have a zero tolerance for late rent payments, the first time a tenant is late I make a phone call asking why they didnt call me to let me know.

Again, I'll probably tolerate a little nickle-and-diming, but we'll see how that plays out. 

Check with the city/county - many are offering owners a sort of rebate for replacing the area that is currently lawn (or lawn overriden with weeds) with drought tolerant succulents and other xeric flora.If they don't offer any sort of rebate at all for doing it, I would still think GREEN:how does this property contribute to the neighborhood, is it easy on the eyes? 

I look back now and just shake my head that I tolerated her lunacy for 3 years!  

Do you see any reason to not use the Series LLC over the traditional when the asset holdings of the Series LLC are within the risk tolerances of holding in a single LLC?