We have a chronic housing shortage here in Milwaukee, both for rent and for sale.

I’ll continue to gauge the interest and make a decision.

Can I actually dodge CA $800 per LLC filing fee since they like to state that even if your property is out of state because you are making decisions from CA you are doing business in CA so if that is their definition of doing business in CA I am safe?

75% LTV is the cap on cash out with many (but not all) lenders, so I'd make sure you have a viable option for 80% before you make your decision.

@Alan Asriants Since you already received your decision,  I assume you selected the non oral hearing option?

I plan to head to the area in the beginning of December and would love to use the time I spend there to speak with lenders, property managers, etc. to make a more educated decision. 

I have a free training on my YouTube channel that teaches you how to create a comp set and review the competition in your market so that you can make an intelligent decision on whether or not to move forward.

Best of luck with your decision!

That's would be a decision the seller/lender could make. 

All geared towards the MRS. who as we know is the major decision maker..