I have two duplexes on the central west side that have been able to do pretty well for us.

I live in a pretty small area of about 50k people in north-central Idaho on the WA/ID border.

Hello all -
I currently have 80 acres of land just south of West Branch, MI. The land gets little use, and has sat essentially unused for 20 years. The only thing the land has been used for has been small timber and ...

In Mass, it's nearly impossible to find a 2% property (gross rents are at least 2% of the purchase price), except in some pretty tough areas or in the central/western parts of the state. 

Those areas will all be cheaper than looking at hubs in town like Oakland.

I have 5 or 6 core investor buddies here in central WA and one of us always has something going on. 

AC is a must in this area and majority of rentals have central air.

But one suggested creating an LLP as the "holding company" instead, (with me and hubs as a single limited partner, and an LLC we create as a 1% general partner).I'm wondering if anyone in PA is familiar with a structure like the LLP suggestion, and what might be the pros/cons of going that route?

A lot of my buildings run higher than 50%, especially if there are central boilers and/or hot water heaters.

You can have long term remnants or run as short term vacation rental since it comes with appropriate licensing for transient rentals .That said it’s Central Florida location about an hour out of Orlando.