It aligns well with my goals and investment strategy.

Get connected at out local "REIA" called MIG (Memphis Investor Group) and see if there is anyone that aligns with this property.2.

I am parts of groups where people invested in coffee, oil and gas, ATM machines etc. because they were chasing the depreciation components (especially back when there was 100% depreciation), they got all that depreciation but in some instances the funds took a turn for the worse and not only did they lose their investment they also owed money due back to the IRS for depreciation recapture where they took too much depreciation.

This deal aligned perfectly with my strategy to build equity and cash flow while leveraging hard money financing and refinance opportunities.

Finally, roof age is one of the most crucial components to insurability of a home.

But once they saw the success, they started trusting and investing.By following this five-step guide, I've been able to attract prime investors who align with our investment goals.

The building components and systems that make up the building are the ingredients. 

A well-crafted asset protection plan helps limit liability, preserve your wealth, and position you more securely in the face of legal challenges.To navigate both areas with confidence, it's essential to work with experienced professionals, including a tax advisor who understands real estate and an asset protection attorney aligned with your long-term objectives.

Houston and parts of Dallas also offer a range of submarkets with solid rental potential, depending on your investment goals.A few tips as you're building your out-of-state team:Your local agent or wholesaler is key—they’re often your eyes and ears on the ground and can connect you with trusted PMs, contractors, inspectors, and lenders.Interview multiple property managers to find someone aligned with your goals—some specialize in value-add, others prefer turnkey.Watch for red flags like overly restrictive HOAs or cities with aggressive permitting/code enforcement.On financing, a lot of out-of-state buyers are using DSCR loans for their rental deals since they’re based on property income instead of personal DTI.If Texas ends up being a good fit for your strategy, I’d be happy to share what I’m seeing and connect you with some resources here.Wishing you the best as you get started!

That does not align with my goal of minimizing tax costs.Regarding your question: “Now, how do you want to manage that same property over the next 50 years?”