You're lucky it was only 15% and not higher I suppose.The takeaway is this - if people choose to stay in, and support, a state that engages in this type of thinking and resultant policies, then you just gotta deal with it.

**Professional Property Management**: It's essential to engage with a professional, local property management team, particularly if you're an out-of-state investor.

I don't know if I think it will be easy, but something to keep me active/engaged after retirement where I have freedom and some activities to do that I like. 

Seriously, create a good card and hand them out and engage everyone you meet.

More importantly, in your case I would focus on the content of the website and how you plan to engage those people who actually land there.

LLCs are typically pass-through entities so have tax protection by themselves.Flipping within an IRA is possible, but you cannot be actively engaged in the business or you risk blowing up your IRA.  

Also, you are more likely to have success if you are able to engage the seller as part of the conversation in some way.

Are there any potential pitfalls or risks I should be aware of when engaging in seller financing with a family member?

We look forward to engaging in this community!

With a HH, you can learn how to analyze properties & markets, how to find an investor-friendly agent, how to spot value-add opportunities at properties, how to engage in a strong due diligence process, how to screen tenants, how to manage the property, how to build a network of contractors, plumbers, electricians and other pros, how to manage the book keeping of the property, etc., etc., etc.