That said, most folks here will hold their properties in LLCs for the asset protection benefits that the structure provides.Here is an article that explains the benefits of the LLC structure - https://www.landlordology.com/landlord-rental-llc-... and another https://www.legalzoom.com/articles/forming-an-llc-...As for the house hacking you are considering, if you go with an FHA style loan you'lll have to live in the property for a while.

Hi Deep / Adrià,Thanks for above posts.I am a newbie just starting out on REI path and glad to find other people interested in Valencia.I was in Valencia and Alicante cities recently and felt more inclined toward Valencia (bigger city; more diverse opportunities instead of mainly tourism in Alicante's case).It'll be great to know your thoughts about good neighbourhoods in Valencia for long term rental investment.

My market is similar as far as mainly dumpy pet friendly rentals.

And receive a shared benefit from a successful flip.Thanks!

Once all the repairs have been completed and all invoices have been submitted, the insurance carrier will finalize their subrogation demand to recover their settlement & your deductible.While there are a few comments discussing the issues with insurance coverage & premium surcharge, the size of this loss warrants filing an insurance claim and illustrates the benefits of insurance. 

So by billing "near Rice" as the main selling point, you may be bringing in mainly folks who are interested in that feature who are then disappointed.

I am looking to potentially buy a MF dwelling using my VA benefit.

Honestly, I think paying off properties is simply a personal choice, whether it be your main residence or a rental property.

I got my RE license as a means of targeted learning about RE, but being that it was a side endeavor and my main job salary and satisfaction kept improving I never made a full jump into RE agent-hood and hanging my license with a broker.My question as a potential primary residence buyer in new big-builder home purchase, could I hang my license with either a 100% commission brokerage or a broker friend for the transaction to retain the buyer's commission?

My main concern is that it is in a "flood zone" although it RARELY floods.