Forming an LLC can be a great way to explore this and provide protection for your other assets.

("No person shall engage either directly or indirectly in the business of a real estate broker, broker-salesperson, or salesperson, temporarily or otherwise, and no person shall advertise or represent himself as being authorized to act as a real estate broker, broker-salesperson, or salesperson, or to engage in any of the activities described in R.S. 45:15-3, without being licensed so to do as hereinafter provided.)

This method provides several advantages against a traditional manager as I can cater my service and fees to the individual needs of my owners. 

Conventional guidelines will ask you to have owned the home for 12 months before you can do a cash out refinance.

Joon,You will have better luck if you own a home and can do a cash out reifnance to take out enough cash to buy it all cash. 

Hello BP members,I live in Miami and I'm considering purchasing a long-term rental property in Orlando that will generate positive cash flow.

We just got an off-season MTR request on furnished finder for a medical company that places medical providers in rural areas (which is our listing). 

Irina, there’s a lot to unfold here. if you are looking for the rental cash flow to assist in covering the cost of living in Florida, maybe the best option is to sell your property in PA and use that money to buy a multi unit in Florida this way you accomplish both option.

Clean up the building and have yourself some cash flow. 

I believe in it so much that I provide it for our entire team.