There are often numerous considerations - both from a legal and tax perspective - that should be considered prior to creating your entity. 

Texas, DFW specifically, looks attractive in terms of the prices of houses and the cash flow that can be established.

I'm also actually attracted to the slower, more stable economy of GB and Wisconsin. 

Think of what kind of tenant you want to attract.

The potential speed that I could send my money out and get it back by lending is attractive. 

One of the attractions for me of a single-family home is the extra space for storage, such as a 2-car garage or storage shed in the backyard.

There are quite a few pockets that offer this price range for property that attract renters and rents are up. 

The area is super-boosted by the destination wedding location, and the views and water access of some properties make it super attractive. 

And honestly that's what makes REI so attractive, taking a simple concept like house hacking, and turning it into a creative investment.Consider living with roommates(as many as you can), in order to lower your cost of living, and therefore increasing your potential to stack some cash.

Unfortunately, we have had to apply this across the board even if tenants have been late numerous times in the past.