Steven.Would love to help you acquire rental properties out of state.I live in LA and do the exact same thing and have a small portfolio build up.Would love to help you get started!

Hello BP nation, looking at county assessor's office and properties that are scheduled to be foreclosed.There is one in particular where the outstanding balance states roughly $35K.  I know the property is worth much ...

Aside from that, my reasons for choosing Charlotte were that :It has a strong economy with a variety of industries & a growing tech sceneThe avg rent-to-income in Charlotte is around 27%, which makes it pretty affordable for tenantsThe rent to home price ratio was relatively high (2% rule, though it looks like it may need to be more of a 1% rule, as with other places)It's generally safe, with crime trending downward over the last 10 yrsNet inbound migration was highHome appreciation was up, but not ridiculously so like some other markets (like my home state in CO)It's near to several other potentially attractive markets if Charlotte _didn't_ work out for us, like Raleigh, Nashville.All these factors lead me to believe Charlotte is going to be a good place to acquire buy & hold rental properties and try my hand at a new business.

I wouldn't be posing this question if I lived in Phoenix, as I could easily be more hands-on with the process of buying and managing, and would even be interested in acquiring property that needed work done on it to add value. 

They will have access to the countertops through the manufacturer.

If you are currently showing a loss for tax purposes - you have to see if the additional depreciation will benefit you.If you are not a real estate professional(it seems like you quit your other career and in RE full time now so you may be) your losses above $25,000 may be suspended and carried forward.If the property was acquired in 2017 you may be able to carry the loss back 2 years.

Well, before reading this advice, I had already purchased about a dozen tax liens in my own name. a few of them have redeemed.Now I'm thinking that maybe I should acquire an LLC or S-corp to buy my liens from here on out.

Hi Guys,Quick question: A condo association manager has been very reluctant in giving me access to the accounting of the association.

If you have access to a title company, they can give you the details you are looking for.

Hi @Stephen Shelton,I know there is a lot of debate on this topic, but I think that as you acquire more properties (or assets in general) it is important to have an LLC.