Most of our investors choose to hold title through an LLC.

Then place a clause at the bottom allowing you to assign the contract to whoever you choose.

Personally, I would choose a state that is relatively Landlord-friendly and stable/growing.

Tyler,There is always a lot of hesitation when it comes to choosing a brokerage, there are so many to choose from.

Hate the little tchotchkes, hat brown furniture, hate beds made out of rustic logs.

Investment Info:

Single-family residence buy & hold investment in Cottage Grove.

Purchase price: $129,000

Cash invested: $26,000

1979 4/2/2 corner lot with fireplace, shed, trees and large yard
...

You still have several options, depending on if you want to invest directly in individual properties or be a bit more removed:Full-service turnkey investment: Should be mostly passive after you do your due diligence and pick a provider, but don't skimp on your homeworkYou choose which props to purchase, but have no control over tenanting choices, some say in large maintenance expensesAvg cost for solid B/B+ prop in Birmingham (and some other markets but this is the one I have data for, since it's my market) is about $100k per door; you'll pay market price for a tenant-ready, fully rehabbed propertyPartnering with someone who does the on-the-ground stuff while you provide capitalCan be passive if your partner really knows their stuff, but more likely you'd be fairly involved with the choices madeMore control since you call the shots with your partnerYou can pick which markets and price points you're interested inPotential for higher returns (ie buying distressed and then forcing equity through renovation) if your partner is experienced and can execute consistentlyInvesting in a syndicateMany investors pool funds to invest in much bigger projects like commercial space or large MFRs, or in larger portfoliosVery passive, investors are not responsible for project vetting or management, but you have no controlMay have higher bar for entry, some syndicates require large investments and you'll need to have liquid cash on handBuying shares in a REITLike an ETF but comprised of real estate investmentsVery passive, but no control over which assets are held in the fundHighly liquid, easy to buy and trade, lower bar for entryEverything is a trade-off between passivity and control, time and money.

Just choose your words carefully when you approach the lender .

I choose both (or an opportunity to achieve both) or I don't play.

Far better is to choose a different tax-free option: not selling.