the buzzword  is diversification - but with the purchases I made at the time - real estate far outperformed the stock market.  

I have a 3rd LLC (non retirement) created in NV, working on buying RE in Detroit, MI. once the purchase has consummated, I file the foreign LLC filing with MI state, do i need to file for FINCEN too??

Borrowers with higher capital reserves or equity in other properties could explore an all cash purchase.

I am in the process of purchasing my first STR.

Also, I know that by law real estate agents have to disclose if things on a property are unpermitted to allow the potential buyers a chance to back out of the purchase if it's too costly & the real estate agent who sold my friend this property didn't say anything about any of the 3 out buildings that are on the property.

The market rent puts all three together at approximately $2900 monthly.Costs behind the acquisition:Property taxes: $5000 yearlyInsurance estimate for all three: $3,300 yearlyC-class properties (not best location, their condition is about average - older properties)Purchase price: $250,000k$15k down and $235k seller financed at 6% interest for 30 years. 5-year PPP.

Why do you think purchase contracts are so long and have such small print?

I am looking to purchase another primary residence after my 1-year mark however, I was wondering if lenders will be able to use my Airbnb income to help qualify for my next purchase?

The property I’m purchasing currently has a fence on 3 sides, but no gate(s).

BUT Your realtor should be a savant at non-conforming spaces- if you look to purchase in Chicago.