We appreciate your business, and we hope you continue to be happy in your home.In recent months, property taxes and school taxes have increased, and the costs of labor, materials and insurance premiums have increased significantly.

If you plan to be there LESS than 7 years, then I might consider NOT BUYING because if prices stay the same it will take nearly that long to pay down a mortgage enough to cover commissions and closing costs to sell and break even. 

Although, there are costs associated with forming and maintaining an LLC, such as state filing fees and annual reports that are to be noted. 

You also have to consider your holding costs - you are paying HOA fees, insurance, and property taxes.

In your case, having a local owners rep could certainly help but that will add additional costs.

.* Assess what rehab work needs to be done and assess the potential rehab costs.

A little background - I'm a nurse and have been hoping to find a market that pays decent when compared to the cost of living and also has high prospects for growth.

That did, if you have an AirDNA subscription, you cab look at the comps underlying the estimate.

Just a way to reduce the cost of us having a place there.

Are they worth the costs?