If you have orders to Nellis, I would not get your license in Texas unless you plan on moving back to Texas shortly after your assignment to Vegas.

Yes, reduced marketing expense, but still the challenge of having a short time frame to wholesale your deals. 

Nevada, with cities like Las Vegas and Reno, offers a tourism-driven economy, ideal for vacation rentals, but be sure to research regulations on short-term rentals.

If you have owned a rental property for a significant period of time, when you sell most investors end up paying somewhere between 30-40% in taxes.

Thanks Your rental income (does not matter if long term or short term) of your schedule E is calculated using this form: https://content.enactmi.com/documents/calculators/Form1038.C...Your schedule C income will be averaged over the last two filed taxes returns.

If you are doing projects I would just advise all contractors of the possible thefts or vandalism that could occur if things are left at sites for a longer period of time. 

Dude I spent so much money on random credit programs with them, month after month there were changes like "this credit card I said would help your PAYDEX no longer reports" or "Dun and Bradstreet doesnt work with this company anymore"Long story short, you can open a credit card and maybe a wex gas card under your LLC to try to establish business credit but even after over 12 months my PAYDEX is still non existent.

I am in West Palm Beach and would recommend finding a multifamily property that you can operate units as a short term rental, as it would have much better potential to positively cash flow and also allow you to buy in nicer neighborhoods.

Your case with such a steep loss is pretty extreme in such a short amount of time, but still, I wonder if you bought this property for long-term hold or not?

There are always single college students and short-term renters who don't mind renting just a room.