STR is not a quick easy thing to set up but it definitely could be a back up plan if your house doesn't sell in the right time frame. 

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

We can set up a call. 

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best

Hey Virnisha I would love to here your strategies at the meet up I have set up for March 5th in Chesapeake.

Set solid policies and apply them every time, without fail, and your life will be much better for it.

The only way I would let a tenant paint is if I could set up a lawn chair, grab a drink and watch them for entertainment.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best

Higher contribution limits, participant loan option, no UBIT on financed real estate, to name a few. 

Need a fresh set of eyes to see what makes the most sense for us.We own a rental home on 1 acre outright with the potential for 3 more septic tanks/home sites.