i agree with the others who've said that it will put pressure on rents on the lower end of housing / below the median. 

With the cost of living 9.8% lower than the national average.

Closer you are to the city or public transportation the higher rents, appreciation and lower the vacancy but the more tenant friendly it can be.

You don't need an attorney, down here we usually use title companies to transact the deal.

Many of them cap at a much lower LTV compared to a primary so it would depend on how much equity you have in the property at the time.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Here are some of the types of “wanna be” investors who never seem to be able to “pull the trigger:”The Organizer – This individual can’t seem to ever get fully organized - and until they do they can’t possibly make a purchase transaction.

The seller has lowered the price by $50,000 so far.Thoughts? 

After peaking in the second quarter of 2022 at $316 billion, trailing 12-month transaction volume finished the year close to 70% off the recent highs.As interest rate volatility whipsawed the capital markets last year, a noticeable shift in buying patterns saw investors move up the quality spectrum.

The trust/LLC gives you checkbook control allowing you to bypass the additional transaction fees and time delay when making investments.