This will be my first investment property and I'm a little leery about this whole out of state buying process since I've never done this before.

Instead, consider a HELOC on this property to tap into its equity without affecting the low rate.

What's going on @Evan MoraSomething I would recommend for you is this website. https://www.areavibes.com/Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F

If you're not cool, kindly stop reading.

This election must be filed with your tax return.5.

I aim to learn from experienced investors in this group and share what I learn along my journey.

This savings can then be reinvested into more properties, allowing your portfolio to grow faster.

I’ve read enough to know that acquiring the LLC is a bad idea due to: unknown liabilities; tax liens and debts; loss of depreciation that has already been taken, and probably other reasons too.

Your lenders may not know this yet, but eventually they're going to find out.

I just don't have a big market, so it's tough to find something like this particular property as evidence.I was thinking of something more general, like a formal study of various markets, but I haven't found anything except general articles or blogs.