If you connect with a elderly homeowner who wants to learn more, if possible, make sure they have a younger/responsible adult that they know and trust to avoid bad optics.   

Any thoughts, recommendations, or pitfalls to avoid would be greatly appreciated.Thank you

Having one asset per LLC will drive you and your accountant insane and when you realize they charge like $1000 min for LLC returns and you have 5 LLCs that the $5k tax will eats up 1/2 your cash flow you will be like oh boy…

When I first considered buying in the US I considered North Chicago as I know and like it but I'm aware of the high property taxes and question the longevity of the market there with a declining population and all that.I live overseas currently so any purchase will be remote for me and I will get it managed, I may never even see the place so I'm quite open to where I could buy.I wanted some thoughts on the best places to invest?

Your tax preparers?

Your refi options depend a lot on how you filed your taxes the last three years.

Looking for some thoughts from the community as this will be my first exchange and I'm trying not to misstep just because Im eager to get out of the LA property to avoid renting it. 

Any advice on how to avoid a scam in private lending is welcome! 

My wife is currently studying for her real estate license, so we can perform a cost segregation study on the property when we buy one to reduce our tax burden for 2024.

Because of the protections an LLC offers in this space, I'd simply say my non-expert opinion would be to spend a little extra to make a separate LLC for this new home, for the legal protections & to make your taxes less of a headache for you.