I have been reinvesting my capital back into my business and acquiring more land.My next goal is to expand into multifamily development and secure additional land.

Hey Ray, I am providing spreadsheets from Stessa in an organized manner. 

Additionally, I do allocate a minor percentage of my net worth to investment with more growth potential, like land development deals.[...]Finally, what investment do you make to accomplish your financial goals?

I know other student rental investors that do not require guarantors because of the additional administrative work and they say that the social pressure of not paying rent is enough insurance.Low Vacancy - LOCATION is everything with student rentals.

Does Lender need a lending license to provide a private loan for a residential property in Texas, considering both the lender  and the borrower are California residents?

Additionally, higher property taxes can sometimes correlate with better city services and amenities, which can be attractive to tenants.Cash Flow: While property prices may be higher in Philadelphia, rental demand is generally strong, especially in desirable neighborhoods.

They can provide specific insights based on current market conditions and help you make informed decisions aligned with your goals.

Additionally, I see a third house only 18 minutes and 11.8 miles outside of my city; this particular "Open House" is Sunday 1:00p-3:00p, and it's advertised for $195,000.

Ultimately, setting up and maintaining an LLC comes with annual administrative costs so another thing to consider is if your cash flow is ready to support these additional costs. 

Rental properties can indeed provide a steady income stream, and it's fantastic that you're exploring this avenue.Here are a few considerations and steps you might want to take as you move forward:Market research: Keep looking at possible multifamily buildings in the Augusta, Georgia region.