There’s definitely potential in finding distressed assets and adding value through smart renovations.Setting up an LLC in the state where you’re flipping is a great move for liability protection, and working with a local attorney will ensure you’re covered on state-specific legalities.

Establishing a separate entity, such as an LLC, for your rental property business could provide more flexibility in claiming deductions associated with business-related assets like vehicles.

I do not know many investors that stay in this asset type long term.

So property rents must be kept near market to obtain full value at sale.

Your understanding of NOI, deal negotiation, and long-term strategy are assets that make you stand out. 

Hi Joe,I think going with a LOC is going to provide you with more flexibility than going through the process of obtaining financing for a purchase transaction.

I think if you want to 1031 or trade an asset for a better one then that'd make more sense.

Florida homesteads have no cap on the asset protection (I don't know Utah's laws), so for folks like surgeons, I would set them up with an equity line rather than a first mortgage.

Could anyone provide guidance on how to obtain the contact information of an underperforming host on Airbnb?

Only government and insurance companies insist on not letting go of mail.It's good asset protection.