Even though it may seem far from your current location, the potential for rental income and long-term appreciation can make it a worthwhile investment.In your case, if you are concerned about managing the property from a distance, consider building a network of reliable professionals in the Corpus Christi area who can assist with property management tasks, such as property maintenance, tenant screening, rent collection, and property inspections.

Hello BP Fam,Like many here, I'm looking for a CPA to assist with not only my LLCs and out-of-state rental properties but my personal tax returns as well for 2023. 

Inspectors, appraisals, property managers, assistant to someone in a brokerage, or you can become a realtor!

They can provide detailed guidance on the eligibility requirements and assist you with the application process.Good luck

A sellers motivation to provide either 100% seller financing or subordinate his equity in a second lien note are (1) obtaining a significantly higher sales price, (2) selling a unsaleable property usually because of its condition, location, or because the property can not be financed, or (3) creating a loan with a much higher than market interest rate. 

Ask yourself this, would it make sense for me as the owner of a mortgage company to basically generate a customer for a loan officer and pay them out top-dollar when they were handed a lead or should I hand that deal to a loan officer assistant to get through the pipeline and keep the revenue?

I don't gamble in the stock market.Isn't part of it, that you can create generational wealth by investing outside of a 401(k) into real estate and pass those houses down tax free to the next generation using the stepped up basis?

Doing a 1031 creates a different buying situation which benefit from an in-area facilitator.

The idea I've seen and heard is that you create an individual LLC per investment property you own for a couple important reasons. 1.)

I am interested in purchasing tax liens and properties at deeds sales to create a STR and LTR portfolio.Would love to connect!