I would appreciate if any accountants, lawyers, etc. can shed some light on the implications that arise from being a CA resident who invests out-of-state through a business entity such as an LLC.I want to create an LLC to invest in out-of-state multifamily rental properties (to hold for a long period of time, possibly forever).

Our goal is repeated touches with a compelling message and a way to remember us and contact us when the need arises in their lives.  

The legal issue typically arises in Texas when unlicensed "investors", take a weekend course or read a book or watch a video and then perform licensee activities such as claiming "I have a buyer who is looking for an owner financed home" or "I have a motivated seller" who needs to sell quickly and the investor doesn't have any interest in the property, equitable or otherwise.

There will be many that will be burned when they are unable to re-fi in a rising interest rate environment.   3. 

As far as clearance from the rent skimming laws you should pay an an Attorney to write you an opinion letter on the subject to cover any complaints that may arise in that regard.While what has been said by Wayne & Patrick are 100% true there are ways to service the debt if the home has equity but not in an official capacity.

Short term plans - Build network of people who are engaged and involved in real estate - a rising tide lifts all ships!!!

._____ Tenant attests this specific service/assistance animal provides necessary service/assistance specific to Tenant’s disability.Name of animal: ______________________________________________________________________Description of animal: ___________________________________________________________________________________________________________________________________ (type, breed, color, age)Veterinarian: _________________________________________________________________________Emergency Caretaker: __________________________________________________________________Tenant agrees to:1.Provide proper care for the animal in accordance with veterinary recommendations or ASPCA (American Society for the Prevention of Cruelty to Animals) guidelines.See www.aspca.org.2.Not leave the animal unattended for any unreasonable periods of time.3.Adhere to local ordinances, including leash, vaccination, and tag/licensing, requirements.4.Clean up after the animal and dispose of animal waste properly and quickly.5.Not leave animal food or water outside the dwelling, as it could attract other animals.6.Keep the animal from being noisy, aggressive, or from causing any annoyance or discomfort to others.7.Immediately remedy any complaints that arise from animal behavior.8.Immediately pay for any damage, loss, or expense caused to others by the animal.9.Provide animal with regular health care, to include inoculations as recommended by a veterinarian.10.Spay or neuter the animal when it becomes of age to do so.11.Arrange for an emergency caretaker for the animal.12.Maintain adequate insurance to cover claims resulting from damages or injury caused by the animal.Tenant agrees to indemnify, hold harmless and defend Landlord against all liability, judgments, expenses (including attorney fees), or claims by third parties for any injury to any person or damage to property caused by Tenant’s animal.Landlord reserves the right to revoke permission to keep the animal should Tenant break this agreement or provide false or misleading information.Landlord ___________________________________________________Date __________Tenant______________________________________________________Date __________ -----------------

It should affect flippers more than buy & hold, as flipping can be very dangerous in a rising rate environment.

So a brokerage firm has to sift through the crud of new agents to see who might be a rising star versus another dud that peters out after a few sales.The low transaction fees and higher splits are for SEASONED brokers and agents.

They have to have that need and the mailer has to either (a) hit right at that time of need OR, more likely, (b) there were a series of mailers received over months or years that caused that homeowner to think of you when the need arises.