Also 4th quarter of last year Packwood and county officially did discuss potentially regulating STR's by either limiting numbers or adding a tax to cover increases in local services that are needed.

I believe the biggest arguments against Portsmouth are the high local taxes and of course the crime.

The bookkeeping is good for some things like doing taxes or looking at reports of how things are performing, but it doesn't help much with budgeting and making day to day decisions for how to manage money.

I dont think the terms allow me to post a link but here are some basics.Has been occupied avg of 17 days per month since Sept.managed by a top tier company and has 4.8 star avg reviews.Also would be a good family home (large private lot, fenced yard, hot tub).It has the benefit of being near Austin downtown, but NOT in Austin city limits (9 miles to city center), so lower taxes and no STR rules (default to Travis County rules).I have read the forum posts for similar situations, however every market is different. 

Hello everyone, I currently own a house and about to start renting it but I've been wondering about tax liens as a back up plan and I know nothing about it and the podcast only has one episode that I've found (which I would love more).

You have LLC fees, additional tax filings to have it be a pass through entity and all for what?

i do have funds to pay and then be refunded 

You still get principal paydown, tax benefits, and appreciation. 

I also personally would shoot for 1.2-1.4% in the suburbs due to the higher tax rates than in the city. 

However, they will not receive any tax deferral through a 1031 exchange unless they buy one or more of the identified properties on their list.