Here’s how:Efficiencies Through Scale: By owning and managing a portfolio of properties, we can control operating costs and avoid the rapid rent hikes caused by liquidation or speculative investors.Economic Stability: Affordable housing becomes viable when tenants have steady incomes.

Owning properties through LLCs in their respective states avoids the need to register a foreign LLC, which adds costs and administrative requirements.If you plan to acquire properties across multiple states, you could create a parent LLC in Florida and have individual property-specific LLCs (child LLCs) in each state.

Then avoid all taxes. 

And you're right about avoiding weekly travel—sound systems can save you time and stress!

Or should I just have them install another meter for the third floor to avoid any potential issues going forward. 

We serve most of central MO.  

But, I suggest you start off with www.RipOffReport.com to see if there is anything obvious to avoid. 

If, however, you are not specifically looking for me to be nice and would like me to be honest instead, I'll say that using tools like your app completely misses the point and should be avoided, outside of as a teaching tool.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

@Salome Ditmars there are many out there—but unfortunately there is no centralized repository to locate them.