The homeowner is a firm on a sell price of 104K on a home that has not been renovated at all and is about 10K more than other homes that have sold around it in the last 6 months or longer. 

Great firm.

So it would mainly be buying for appreciation at least until someone changes the rental laws.

This keeps the LLC compliant with state law for conducting business in the state and grants the LLC standing with courts of the state to pursue or defend legal actions.The question would be "does the activity create a business nexus with the state"?

Also I’m not 100% sure how to check, but I know most communities in my area have rather strict zoning laws and this would probably be an issue I’d run into.Thanks for the thought though.

I'm not sure of the specifics in law, but I believe stock portfolios are subject to the same step-up type cost basis rights so inheriting stock itself rather than the cash value is beneficial.

It depends on many factors, one important one of which is your vicinity to the property and your knowledge of the local laws.

., according to Zillow.Another research firm, SmartAsset, recently figured the average monthly rent payment in Memphis to be $769.While more than half of Memphians now rent housing, that figure is still well below the more than 60 percent who rent in Miami, New York, Los Angeles and in the San Francisco Bay area.Of the top 50 metros, 29 were comprised of majority renters (more than 50 percent) in 2016, up from 16 cities in 2006."

Brian:Security deposit laws vary widely by state and municipality. 

Greetings! I’m in the beginning stages of acquiring a 20 unit property in Oklahoma. I’m an out of state owner so I really need someone I can count on. To add to this I’m planning a rehab of 10 to 15k per unit and a ma...