If your property sucks, people won't rent it out as a STR either.

Unfortunately, very few local Worcester residents can afford these properties, creating intense pressure on those who live and work in the city.

Given your strong net worth and experience, investors might be interested in a short-term investment with a clear exit strategy.Home Equity Line of Credit (HELOC): If you have significant equity in your personal residence or other properties, a HELOC can provide access to funds without selling any assets.Securities-Backed Line of Credit (SBLOC): If you have an investment portfolio, you could borrow against the value of your securities without liquidating them.Seller Financing: Negotiating with the seller to finance part of the purchase price can reduce the immediate cash requirement.

I already own one rental property, which is doing great, with cash flowing around $500-$600 per month.

He made a little over $2 million through these properties through free cashflow and appreciation.  

Should we have a LLC for the rental business that “rents” from us the property owners?

If so, does it matter if it's in the state we're trying to buy property in? 

Hello I am a current real estate investor/ new real estate agent and I obtained 2 properties with creative financing.

Hi Everyone,I own about a dozen properties in Texas and I am trying to get some cash out.

And as you seem to have done your diligence on that one property, so have we.