The property will be in more desirable locations that command better rents. 

Just to clarify, my LLC would have to be in the state the property is located in?

It’s not just about making the space look great—it’s about making it functional and thoughtful for how your guests will actually use it.For example, one of my properties is located near a nature park where my guests often go hiking, biking, canoeing, and sailing.

For the LTR outside CA, forming an LLC in the state where the property is located can reduce administrative costs and avoid double franchise taxes in California.

This home is located in Anderson, IN.

There is a ton of areas so I would start with where you are located at, within a 30 min drive

I may be able to help - what state(s) are your properties located?

We also have a team of VAs assisting the leadership team and tracking KPIs so we know if any location is faltering and needs attention. 

To me the biggest takeaway is that as real estate professionals, we always talk about location, location, location.

Again, I have extensive experience over the last 10 or so years.All the best