Hey Michael,Yeah, that’s one of those little landlord curveballs that nobody tells you about until it happens.

Quote from @Michael Santeusanio: I see a lot of first-time investors struggling to find capital for their first property.

HSV market has seen some cool down in the past 6-12 months one due to macro events (interest rates etc) and secondly due to the city banning STR/AirBnBs which resulted in huge increase in rental supply resulting in much longer vacancies.Also agree with @Michael S. that new builds will not cash flow but most likely that is the case almost in every other market...I have seen builder getting little anxious to get rid of their inventory and you might get some deals in there but you will have to hold it long term.I feel in the long term HSV will be a solid investment.

Quote from @Jacklyn Robins: @Michael K Gallagher Thanks, this is helpful.

@Michael Murphy the agent lives on the other side of the state.

Every situation is different, of course.I agree with @Michael Hernandez that everything should be in writing, usually in the form of an operating agreement. 

Thanks @Michael K Gallagher!

Quote from @Michael K Gallagher: First thing that comes to mind is, does your current business have a real estate need? 

I agree with @Michael Plaks on the over-recommendation of S Corps, especially for someone making $100k+ at a W2 job for which the SE tax savings would be limited since they already max out social security tax.

Many offices stopped doing occupied showings for rentals a few years ago for the reasons @Michael Smythe noted.