Invest in major metropolitan areas with good schools.

Now, I’m passionate about using that experience to help individuals and investors make smart, informed decisions about real estate financing.I’m based in Westchester County, NY, and currently licensed in New York and Connecticut — with more states on the way.

What I lease in the area for $2k+ mnth is a heck of a lot more home then this. 

In expensive markets like New York area, this is the most cost effective way to get into properties and ideally reduce your housing expenses. 

Keep your ask tight by finishing drywall/floors only, build a photo-updates cadence for lenders, and have two exits ready: refi to a DSCR rental if it rents well, or list retail if appraisal lands high enough.

Just note that Reunion does have restrictions on amenity usage for guests if you don't use their pre-selected preferred managers (who of course charge much higher rates thanks for their quasi-monopoly).I own in that area and manage a bunch as well, happy to connect if you want advice.Its on gathering St 7000 block 

Facts / current setupI formed a Wyoming LLC (recently) and I currently own/operate that entity.I live in New York (NY).I am under contract for a property in Ohio (OH) and expect to close there.I will need a registered agent in Wyoming and in Ohio (and I know I must maintain a registered agent in each state where an entity is registered).Options I’m consideringForeign qualify the existing Wyoming LLC in Ohio (register the WY LLC as a foreign LLC in OH and hold the property in the WY LLC).Form a new Ohio LLC to hold the real estate (Ohio LLC holds the property), with the Wyoming LLC as the member/parent owner of the Ohio LLC.Form a new Ohio LLC and dissolve the Wyoming LLC (i.e., replace the WY LLC with a domestic Ohio LLC that holds the property).Trust structures — possibilities include:Trust directly owns the property, and the ohio llc is the trustee.Wyoming LLC is the beneficiary for the trusts.How should i move forward? 

We may further limit what is placed in outside areas.

For a typical 1-bedroom, 1-bath STR, I usually budget around $6K base for the essentials, then add about $1.5K per bedroom to cover extra furniture, decor, and bedding.To keep costs down, I focus on:Prioritizing durable, easy-to-clean pieces over “fancy” stuffMixing in budget-friendly retailers with a few higher-quality anchor itemsSourcing rugs, lamps, and decor from clearance sales or secondhand storesIt keeps the place functional, attractive to guests, and way under the cost of going all high-end.

In terms of renting vs buying, that's more market-specific, and in New York, it may make more sense to rent than buy, but locals can chime in on that