I have an agent colleague in the Rochester area that deals frequently with investors.

It's long, but it was what I was looking for when I was looking through reviews :)Ohio Cashflow ReviewWhen I was reviewing turnkey operators to work with, I was looking for two foundational characteristics, trust and performance.

Currently, the property is rented at $2100/month.The house, built in the 1900s, requires significant renovation, and the tenant frequently requests various repairs and maintenance, such as duct cleaning and appliance upgrades.

These are just generalities --- each market has its own unique characteristics.

Hi Adam, Since the immediate area may not have many comparable properties, consider expanding your search radius to include neighboring areas with similar characteristics, such as proximity to amenities, major roads, and parks.

Having an LLC does not change the characteristic of the income.If the activity inside the LLC is a rental property, the income / loss will flow to the members / partners as rental income / loss in which case, it would be deemed passive.The member may be considered active participation in which case, there may be an exception to take up to $25,000 of losses.

It is important to consider the specific market characteristics of specific locations, such as the northeast coast of Florida and Savannah, Georgia.

Properties rented for less than 15 days a year enjoy simple tax rules, while those rented more frequently face a complex set of tax obligations.

Additionally, a higher occupancy often translates to more frequent disputes among tenants.

Their setup does not ideally support frequent transactions in and out of your account, especially if you're looking to employ the infinite banking strategy.