Never used that rules nor any rules set by the gurus and somehow build up a portfolio that allowed my to exit the corporate world.I find those rules are an obstacles for my clients and slow them down from achieving their dreams.Its better to come up with your own rules based on your personal goals & strategy.

Here is my situation:I open an LLC for each of my investment properties and for each LLC I need a bank account.I do not want to go down the route of using a traditional bank and open a new bank account with say Wells Fargo unless I have to.I have tried baseline banking which allows you to open one "account" and have multiple accounts within that (one for each LLC).

Very close to the beach and short term rental is allowed How did you find this deal and how did you negotiate it?

To add to this old thread... there are now Delaware Statutory Trust options that allow investors to directly invest with sponsors - which can avoid front-end loads. 

Most (but not all) plans allow you to do it but check with your plan administrator before pursuing this route.

This would allow your NV LLC to legally conduct business in the state FL.

There are some creative finance options, like adding renovations to the property, which can help bypass seasoning requirements or programs that will allow 90 days. 

Ensure that this aligns with your risk tolerance and long-term investment goals.1031 Exchange Considerations: Utilizing a 1031 exchange to acquire the Indiana duplexes could be a smart move, as it allows you to defer capital gains taxes.

Statewide rent control allows you to evict a tenant if you're the owner and want to move into a unit.

While certain neighborhoods in those areas restrict STR, there are others that allow it.