Thanks Chris and Nathan, my plan is to have Atleast 1 LLC in each state wherever I have property and keep few properties in 1 LLC each state.

I would certainly keep that tenant.

What should I keep in mind to ensure I'm approaching it the right way?

Quote from @Joy Daniels: I manage short-term rentals in the Sarasota area, and I'm always looking for innovative ways to boost occupancy rates year-round.From your experience, what marketing strategies have had the biggest impact on keeping your properties booked?

Owner stated that tenant doesn't have intentions of moving out however, I wouldn't have intentions of keeping her considering the amount of repairs needed, the way she keeps the property and the fact that she's always late with the rent.

I am planning to buy a house next year, I could buy a nice but cheap house near the hospital I work at for about 100kOption 1: Keep the large nest egg invested.

While there is no official holding period, tax advisors recommend keeping the property under the trust for at least 12 months to meet the "held for investment" requirement.

It's putting out lots of fires, managing finances like a hawk, keeping projects on time, in line and on budget, marketing the property & getting it through closing, and *then* doing it all over again - and that's if you're not doing any of the work yourself. 

I think Brett has a Facebook group, let's keep in touch there.

Better play it safe and use a warranty deed instead.Also, later on when you sell your property, it will keep the chain of title cleaner for the next title insurance.Last but not least, a warranty deed does not cost more than a quit claim deed...