This method helped me connect with other investors who were looking for different ways to spend their money and were interested in passive income.Being a thought leader gave me a stage that made me look like an expert in investing in real estate.

If they are included in the rent, some tenants take advantage of that and will run up the bill. 

What I would recommend you do is call someone who sets up self directed IRA's, those people love these. 

But i had a title claim in Balt city and they first denied it I went up the food chain still no love.. ( keep in mind I am closing over 15 mil a year in Oregon through them) I had to get my attorney to write a few letters then they caved but it still cost me some attorney fee..  

Hi Pat,Thank you so much for your kind follow-up. 

They have pretty much always paid below market rates, have never had to worry about moving, up until this renewal, lease renegotiations have been quick and easy, all done between the Partnership and company directly, no professionals, no commissions.  

Depending on what your target audience is, real estate investor meet ups are a great way to meet people and talk real estate! 

Also look at their property tax rates and how much they go up each year. 

Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.

Had ups and downs along the way as I'm sure many people have.