If the local rental market is strong enough you will still be able to rent it.

Additionally, acquaint yourself with New Jersey's security deposit regulations and be prompt in addressing maintenance issues, possibly with the help of a local handyman.

Hi guys, sorry if I am posting in a wrong forum (There used to be local forums, somehow I cant find those anymore)...Does anybody know, if I wanted to transfer a house into an LLC in Indiana, is there a transfer tax?

It's a good idea to keep an eye on any rule changes and check resources like the City of Chicago's website or talk to a local lawyer who knows about short-term rentals.

Check out the Events tab at the top to find local and virtual meet ups.

@Joseph O'Sullivan start going to local meetups, talk to other new investors, but don't spend on trials because you will be looking without 20-20 vision if that makes sense.

In conducting a background check, I learn the applicant's current neighbors hate him, he's on a first name basis with the local police or he has a variety of other social/criminal issues chasing him.4.

You might find there was a local/state/federal grant that’s been used up.

Also, check out some of the local meetups that you can find in this forum!

Personally, I'd reach out to a local attorney or cpa that specializes in RE for guidance.