@William CoetLook at what a property was worth in major cities back in 1990 compared to today and then use the same for properties in landlord friendlier states.

Can't speak to the organization in Michigan but generally the benefits of a well run STRA far outweigh the costs.I am a property manager in Hawaii so we are constantly being hit with new anti-STR legislation and have a large, well-funded hotel lobby to deal with constantly.

Jackie's design is what made the property special though.

I got a Heloc to buy a piece of property at the first of the year, 5.99%.

Is it not true that when you lease your property to an LLC and have the LLC manage tenants, you create a legal barrier between yourself and the property’s operations.

Check local regulations.First, verify that your local zoning laws, HOA rules, or condo bylaws permit renting your property.2.

We also have 2 investment properties within about a 15 min drive of where we live.

Congrats Brendon, what was the draw for you with the property?

Conventional financing for this type of property is going to depend in large part on what the purpose of the purchase is as well as the specifics behind the property type.

Before asserting the tenant's liability, I would encourage you to seek legal advice in the state where the property is located and move forward from there.