Attorneys (want your money), YouTube gurus (want your eyes), and amateurs (don't know any better) will all insist you set up an LLC for asset protection.The truth is, you don't need it.

It was a few doors down from my home so I kept my eye on it.

It really opened my eyes.

I went to your event in Orlando a couple years ago and it was eye opening for me.  

(Although if you're looking to use this money for real estate in the next 3 years, I would NOT put it in the market.)I'd be putting the additional money into a high yield savings account, and keep my eyes out for a great real estate deal. 

The protections which I would assume were made with acompassionate eye toward venerable renters backfired and brought outthe worst behavior from many tenants and have caused smallerlandlords to pull their properties from the market .

That is part of what I am paying the GC for, however it has allowed me to understand the process in depth, as well as keep an eye on costs.  

Rent: Focus on long-term rentals to generate steady cash flow, with an eye on market conditions for any short-term rental opportunities.4.

The issue is I've lived in cities my whole life and feed off social life, something I'm already concerned with having when I'm working remotely.I'm currently eyeing cities like Chicago and NYC, the latter of which I have not lived in and have been doing some digging on.

I also think it's great that our property isn't sitting empty when we're gone and because we own and live on-site, our neighbors also keep an eye out for us.