Just make sure everything is clearly written and legally enforceable.Having a local property manager sounds like a smart move, especially since you’re managing from out of state.

Its tough because my background is biochemistry, where the MBA moves me more in line into a business direction if anything on paper which is valued by most institutions so if I wanted to stay corporate ladder I think it is justified.

When you want to expand you can move into fix and flips or creative financing.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

I am extremely interested in assuming a mortgage, seems like a way to have a cash flowing monster after you move out of the property. 

I have been in the process of 1031'ing the C class properties in my portfolio and have been moving these over to STR.

On their city website it states:"One owner can obtain an STRL for up to two (2) separate properties.

Hi everyone, I'm planning to move to Cleveland,Ohio and had recently purchased a property.

Without new companies moving into the city and creating replacement jobs, the only jobs left will be low-paying service sector jobs.

This is largely based on experience so you can shoot for the moon, but be prepared to settle on what works with your strategy.Once you have done one, now you are building experience... and then you can move forward and hopefully with better terms.