Some people set up an LLC after closing for liability and ownership clarity, though that depends on lender approval.On taxes, both of you could qualify as materially participating if you put in the hours and track them.

I’m a local real estate investor and broker licensed in both Louisiana and Mississippi with over a decade of experience in the business.

I am thinking about make it a student rental then live in one room while renting out the rest.      

You will be thankful to have an extra $3-15k set aside for the property when that does happen!

Natalka, we're in the same market and speak the same RE language. 

But they should have bylaws and other documents in public records you can check.

A property in a strong rental pocket with room for small value-adds (like adding laundry or updating kitchens) can outperform something cheaper in a weak area.

Newbie here!

Inflation Steady, Home Sales Show MomentumWeek of September 22, 2025 in ReviewMortgage rates may be setting up for a fall as the Fed’s key inflation measure held steady last week.

We've laid all this out on an interactive map on our website to try and properly set investor expectations.