But I do believe if it was flood, it wouldn't matter since flood is through the NFIP.  

I have had several Colorado LLCs (single member LLCS with one single family residential rental per LLC, so very small-time) for a decade, and always file my periodic report so am in good standing with the Colorado Secretary of State, but have only just heard that I need to file a BOI report before the end of the year.

I'd like to use these to upgrade into something much larger in the next 2-4 years. 20+ units.

The truth is, the dream is available for everyone if they just ignore the idiots and focus on their goals.

The recent hurricanes got me thinking about the future of the area. 

I don't see why you would want to go through the hassle and expense of transferring the property into an LLC after the purchase was already completed.

My priorities are cash flow and tax benefits, and I’m looking at purchasing a 2/2 that fits up to 10 and is along a body of water.

We had Lodmell & Lodmell out of Pheonix set ours up.

Thank you for mentioning one of the best SEC attorneys in the biz!

It hasn't come up for me on a transaction yet and I'm curious how it's playing out in practice!