I'm very curious on this topic as I was about to form a foreign LLC (based in NJ), registered in VT for a STR property in VT.

I know this topic is popular, but I am really having a hard time making a decision.

I see lots of articles, posts on here but not a lot of archived videos or podcasts related to this topic for newer investors. 

Hi Patrick,Of course there are.Here are some places you might like: https://www.meetup.com/topics/real-estate-investors/us/ma/boston/and btw: (Austin rhymes with Boston)Good Luck!

I wondered about this and it does make sense - "However, repairs can only be deducted if you have the place rented out, else has to be depreciated"There's a recent discussion on the topic.

I am also very interested in this topic and looking to purchase my first home this year.  

Back to the Cash on Cash, Cap Rate and Cash Flow topic.

In my last post I discussed using Fannie Mae's delayed financing exception to allow for pulling the cash back out before the typical 6 month seasoning period, and in the comments @Steve C. led me to a post outlining a different approach using a LLC-to-personal loan (see https://www.biggerpockets.com/forums/48/topics/460294-how-to-cash-out-1-4-unit-property).

My current refi that is the topic of this discussion is non owner occupied.

@Ryan Allison we've been discussing some of these topics recently, including the 200K price point and alternatives to Boston such as Rhode Island, in a related thread: Cheap Property Near Boston.