Ohio is one of those states that restricts lenders requiring a Prepayment Penalty.

We only invest out of state/province as our market is not good for buy and hold strategy.

It's good to note as well that you're not "locked in" from using one or the other, just simply how the activity was during the year.I will also state that you don't get a choice in the matter for how it's reported for 2023.

Most my clients are out of state and I have a furnishing/design crew as well as co-hosting services at a discount for clients to really help maximize your returns and be as hands-off as possible.

When I completed the CT state exam, I had the CT state real estate book and I made sure I could pass all the questions asked in the test. 

You really need to rely on your PM for notification periods and any local/state rent caps.

@William CoetForgot: Those government bill dividends are not taxed at the state level in most states

We have some but they are good for New York, and other states back east.

Go out of state.

For example, I have found some very affordably priced properties in NY (state), but after looking at the laws in that state, they have very linient tennant laws that can take several months plus an attorney to evict, therefore not only losing rent but costing to evict.