They won't always be upfront about this with you but if know they're selling because they want to retire, that opens you up to different options vs if they're an investor just selling for profit.

Registering as a foreign LLC allows you to maintain continuity with your existing business structure, branding, and EIN while operating legally in the new state.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

This is a great place to learn and to connect with people so take advantage of all the great resources.

It sounds like this is a longer-term lease and if you can get your money back and a good return in that time maybe this is okay.

This can often be cost-prohibitive. 

I hope this helps.

Don't just read the lease!

Any tips or advice for getting started?

There is a lot you need to learn in order to make this strategy work and a lot of ways you can potentially stumble.