Any entity operating and/or owning property in Ohio, must be registered in Ohio.Rental Income earned in Ohio, must be reported to Ohio.Based on the rest of your questions, it sounds like you were "sold" a series LLC by a "guru".

In 2017, discrimination in rental transactions totaled 17,989 complaints, which makes up 87.4% of all transaction types.Read the 2018 report and visit www.nationalfairhousing.org/reports-research to access reports from past years.

✓Second Home Requirements  must be occupied by the borrower for some portion of the year  is restricted to one-unit dwellings must be suitable for year-round occupancy the borrower must have exclusive control over the property  must not be rental property or a timeshare arrangement1 cannot be subject to any agreements that give a management firm control over the occupancy of the property

I visited Riverside a week ago and looked at the neighborhoods.

@Patrick McGowen I’d love to visit I sent you a message if you have time give me a call.

I must be leaving out a lot of expenses that I am not aware of.

I talked to a FHA lender who said if you are vacating a property to buy a new one using FHA, the vacating property must be over 100 miles away or have 30% equity in it in order to use rental income to qualify.

I talked to a FHA lender who said if you are vacating a property to buy a new one using FHA, the vacating property must be over 100 miles away or have 30% equity in it in order to use rental income to qualify.

If you want to use a 1031 and defer all tax you must purchase at least as much as your net sale, and you must use all of the proceeds in the next purchase or purchases.

I'm planning to visit Cleveland this summer or early fall to connect with people, get to know the neighborhoods, and if all goes well, maybe even buy my first property.