The rest you can handle from an hour away.Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.

The lower the LTV along with the higher the credit score, the more favorable impact on the rate.

This is usually done under the assumption that laws are more favorable where the LLC is formed, then the persons home state.

This way, you can continue scaling your portfolio, leveraging the benefits of owner-occupied financing while building equity in each property.It's a great way to grow your portfolio while taking advantage of favorable loan terms typically reserved for primary residences.

In the end we pitched seller financing, which I thought they'd never go for, but we ended up working something out on pretty favorable terms.I'm interested to connect with others who are doing boutique hotels / STR hotels, whatever you want to call it. 

But the reason I am not in favor of semi passive RE investing is not the appreciation but the poor cash flow resulting from worst rent to price ratio in history coupled with the recent doubling of interest rate.  

If you find a property that fits your needs and the market is favorable, waiting for a potential rate drop might not be worth the risk.Personal Financial Situation: Your current financial health and readiness to purchase play a crucial role.

I live in NYC and the laws are in favor of the tenant.

You may hear stories of them working out in the buyer's favor, but that's actually rare.

On the other hand, usually more favorable interest rates, lower down payment, and lower credit scores accepted.