. 🔹 Mecklenburg County: 28211, 28212, 28213, 28216, 28262, 28134: These areas are benefiting from ongoing infrastructure upgrades, light rail access, and proximity to UNC Charlotte & SouthPark. 

My husband and I are exploring co-living but saw this as a niche of sorts that can benefit the community.

Investors will use this strategy when they are looking to scale up their cash flow and appreciation potential, or minimize managing multiple properties, while using the tax to their benefit.

One significant benefit is gaining direct access to MLS data, enabling you to identify potential deals more quickly than the general public.

.* Long-term growth potential* Tax advantages (especially in retirement accounts or with tax-loss harvesting)**Cons:*** No cash flow unless you're dividend-focused* Market volatility: Stocks can drop 20–30%+ in corrections* Less control: You’re a passive participant vs. real estate where you can force appreciationReal Estate Investing – A Smart Supplement:Real estate, especially long-term rentals (LTRs) - could be an ideal complement to your brokerage accounts:* Monthly cash flow for lifestyle freedom* Tax benefits (depreciation, cost segregation, 1031 exchanges)* Appreciation and leverage options* More control over your investmentIf you want something more passive, turnkey rentals in the Midwest or Southeast are great entry points - low-maintenance, managed properties in cash-flowing markets with strong rental demand.You don’t have to choose just one path.

Would you mind sharing some details so myself & future readers can benefit from it ?

Work with a real estate CPA to handle depreciation, cost seg, and proper allocation of tax benefits.

That’s because:You’ll likely need to register as a foreign LLC in the property’s state anyway, which adds cost and paperwork.States like Texas, Florida, or Ohio (common REI states) may have lower filing/annual fees or better asset protection laws.Tax Considerations: Income from the rental is usually taxed in the state where the property sits—not where you live—so forming the LLC locally can simplify tax filings and compliance.Liability Protection: Forming the LLC in the state where the property is located also strengthens your liability shield and avoids legal confusion if something goes wrong.Avoid Delaware/Nevada Hype (for rentals): These states are often recommended for corporations, but they usually don’t offer practical benefits for small RE investors unless you're running a national business.In short: Form your LLC in the state where the property is located unless you plan to scale across multiple states—then you may want to consider a holding company structure.

Quote from @Richie Martin: If I have access to pre-foreclosures, what is the benefit of having such access?

You may want to look into the benefits of holding all your properties in a trust eventually.