That tax angle can make a huge difference early on.Also, if you haven't already, start building relationships with a local agent who understands STR regulations and seasonality in that market.

Just try to understand.

Does the review mention terms like rentals, Real Estate Professional status, etcGiven that California has so many different tax laws when it comes to the federal tax, it is best to work with a professional who understands california taxes in additionto real estate taxes.Best of luck to you in your search.

I'm happy to chat with you more to understand your situation. 

While I don't recommend self help legal work it will help you understand the issues to better work with your legal professional. 

Although I don't have any experience with this but based on my research this structure is sometimes referred to as a “membership interest transfer” or “LLC wrap,” and while it can be a creative workaround for certain legal or financing limitations, it’s absolutely critical to understand how lopsided these deals can become without strong legal protection. 

Bonus: If you've found a tool/hack that solved a major pain point, please share what it was and how much time it saves you.Looking to understand where the biggest opportunities are to build something genuinely useful for this community.

Would need to understand if it is warrantable, location, down payment amount and DSCR ratio and credit score range and people could easily get you quick quotes. if it is florida it will be a lot more challenging.

@Andrew Pierce OOS investors often get eaten alive by shady agents, PMCs, contractors, etc.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location/neighborhoods to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

I’ll be in town from June 28th to July 4th and I’m looking to connect with local professionals who understand the BRRRR strategy, Section 8 requirements, and have deep knowledge of the best (and worst) zip codes and neighborhoods to target.