Hey Shannon, When yourdeciding whether to form an LLC in the state where the property is located or manage it through your home state LLC involves weighing several factors.

Hi BP Friends,Does anyone have any recommendations for short term rental property management in Mariposa, California?

Welcome Brandon - I have properties here in the wyoming valley.I am a native to the area.Scranton has many hoops to jump as an investor - esp. an out of the area investor.One is you'd have to hire a property manager if you do not live in the city of Scranton or within 20 miles of the city.Real estate taxes are high -that plus the current interest rate and ask prices makes cash flow an issue.You can find "deals" but please do your due diligence.Here is an example of a potential deal I am evaluating in the hill section of the city: 20 y/o, 2000 sq ft. 3b/3bath TH - Needs paint, new carpeting, and general wear and tear repairs after a 4 year tenant.

You can also partner with someone with money to purchase a house, manage for someone, etc. 

Set aside funds each year to cover your property tax obligations.

My goal is to build a passive income portfolio, build equity and appreciation in properties, build a strong management system, and continue investing for financial freedom.

I am no where near a credited investor yet, but I understand the in's and out's of property management, business deals, transactions, and core understanding of how to find the right deals.

A property manager should not disburse funds at all unless they have the necessary documentation from the out-of-country investor.

I am an investor, licensed agent and own a property management company.

As someone who manages short-term rentals, I've started using automation to help run things better.