In Wyoming the annual cost of an LLC is about $50 per year until you get over a million in value.

its viable.....I actually have ventured away from it.....its still a tool in my belt but flipping....and cashflow have become main focus......feel free to connect.

@Andrew R Tillett I could recommend hundreds of tools.

Having a network of local investors you can reach out to is invaluable.

Looking forward to using all these tools in the coming days/weeks/months!

Simply another tool in your screening toolbox.Low Credit:  If tenant has low credit, review and look for any recently missed payments. 

I never had the tools until I listen to podcasts on BP and I read David Green's BRRRR strategy.

I never had the tools until I listen to podcasts on BP and I read David Greene's BRRRR strategy.How did you find this deal and how did you negotiate it?

If you pick tools that “play well with others” and connect to each other, you could have a system that you and your team uses that is separate from your accounting system.

@David Almasy you can easily manage it yourself with Airbnb/VRBO, a few automation tools, and a smart phone. 1 property won’t take you more than 30 min a week once you get it all set up.