Of Course this is my opinion and experience but anything south of hwy 20 or West of downtown in my mind is to be avoided.. the other areas I mentioned are where investors want to go and not risk their financial life on a pocket or just because a property makes 50 or 100 more a month on PAPER.And I am not picking on Jackson I just have a ton of experience there and know most of the big players.

My dad is still alive, but he is 88 years old, my goal is trying to come up with a plan/strategy before losing him and while he is still in is right mind. - I just moved back to the Broward County area last July, and before that I was living in the Midwest.

Keep in mind that in some states, you need to hire an attorney to represent you at the court for the eviction if your house is under an LLC.

If you don't mind can you share some basic numbers on your property that will help me evaluate my deals as well.

You may pay the penalty but avoid the state income tax3) Are you able to claim Real Estate Professional Status / STR classified as active to help mitigate the tax burden?

Not to mention the unknowns that lie ahead in 2024 for housing prices that could drop, interest rates maintain at current level (6-7%), rental prices coming down in 2024, etc.We are both well versed in business and I personally work as a Project Manager in the Construction industry so I have a good look behind the curtain on construction prices, activity, etc.To those experienced here - what are we missing?

I’ve been actively investing in real estate since 2006.

Here are some of the key things to keep in mind when choosing an asset protection strategy for your rental properties:Your risk tolerance: If you are not very worried about being sued, you may not need the best level of protection.

Keep in mind the median household income in Los Angeles County is $68,093/yr.

I am investor minded Real Estate agent in Nashville and am hoping to connect with more local STR and traditional rental property management companies.