Drawbacks may include additional fees for out-of-state registration and possible confusion with managing a remote LLC.2.Wyoming's laws and regulations may impact the management and operation of the LLC, such as annual reporting requirements and taxation policies.3.Specific requirements for out-of-state LLCs owning property in Texas may include registering as a foreign LLC and appointing a registered agent in Texas.4.There may be restrictions or limitations on the LLC's ability to purchase, sell, or finance property in Texas, such as compliance with state laws and regulations.5.Other considerations to be aware of include consulting with a legal or financial advisor, understanding tax implications, and staying current on any changes in laws or regulations that may affect the LLC and its operations.

We feel good about this as it almost sold awhile ago for this exact amount and has been appraised around this as well.I'm in the unusual position of being able get financing from a private lender.

This is a house that has additional square ft added on, so they listed that as the reason for marking the question as positive, as new foundation and support was added for the additional sqft.My question is: Is it a standard practice to check this box as "yes" in the disclosure when additional square feet has been added on to the property?

But maybe a powder room might be a good addition first!

Hi Josh,Love your candidness and positivity!

Additionally, I have family I often visit in Birmingham and along the I-85 corridor (Greenville, Charlotte, and RDU area).

@Manu Ramos After 20 years of owning and operating two Bed and Breakfasts I found myself in a position of needing to find a job with very few transferable workforce skills.

Additionally, the court found that individuals who owned their property prior to the approval of the 2016 ordinance are eligible for a Type 2 license.

Leverage JV/Equity/Mezz on your projects, either by leveraging the existing properties and cashflow, and putting a second on those, or bringing on the JV/Mezz financing on the New Acquisitions/new buildsAlternatively, finding another private investor locally to you who has additional capital or other offerings to help you scale could be the ticket as well! 

If everything else is the same and the only new change is buying a rental, I have a feeling that the return is done incorrectly.I am also surprised that a rental purchased recently with high purchase prices and high interest rates would generate positive taxable rental income.