Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.

Does anyone know a good lawyer and a good title company to help write up a purchase contract and complete a seller financing transaction in Davenport Iowa? 

Any recommended companies/people who would be able to assist with handling such transaction?

Very hard without the LLC not holding assets for collateral.There is a trick out there with getting company credit cards and then going to a company who will cash you out of those cards and those cards usually hold a very low APR or no APR for the first 12 months.I know someone who got 150k like that, BUT, what if you blow that money then you have that debt hanging over your head. 

When renting long term to a company to arbitrage your property as a STR, how does this affect the rent value? 

The advantage to a 3/2 or smaller is that it will appeal to a lot of midterm rental demographics (remote workers, divorces, people building new properties, etc.) and the American family is shrinking (fewer and fewer people need a large home), so if you want to stay rented in the midterm space, a 3/2 or smaller is best.However, appreciation is a different conversation for a different day.... 

I have a management company and I personally invest myself as well.

I live in Seattle but started in 2020 by buying in Memphis through a turnkey company where prices were much lower.

American Homes 4 Rent owns 60k SFR homes they rent out.

You can learn to scour through the county records or you can establish a relationship with a title company to run preliminary searches.