Multiple LLCs can provide stronger separation of risk and asset protection, but they bring additional filings, fees, and bookkeeping complexity.Ultimately, the best structure depends on your risk tolerance, portfolio strategy, and comfort with administration — but from a bookkeeping standpoint, there are fully compliant ways to manage everything efficiently within one subscription if that’s the route you prefer.At the end of the day, there’s no one-size-fits-all answer.

@James HamlingTime to look for a place to develop or to pick an existing location to buy and understand how "Strong" that location is.Now keep both screens up from above posts. 

Bedroom doors get kicked in, windows broken, holes appear in walls, blinds & screens ruined, cigarette burns on countertops & carpets, etc.

Durham passed some zoning laws that allows by-right development and they reduced min lot sizes and set backs to allow for more development.

I might explore your availability to create a listing, correspond with applicants, schedule showings, and do tenant screenings from afar.

Who to hire / ballpark:• Real Estate savvy, Tax strategist/CPA for planning • Cost seg study (condo STR): fee depends on size/firm dependent• Estate plan (revocable trust package)• Hourly attorney (LLC/lease/risk)I would suggest start with a 60–90 min tax planning session to map the 12–24-mo plan, then loop in attorney and (if green-lit) cost seg.

Hey Jonathan,Nice pickup — a quad that size is perfect for dialing in your rehab systems.

Forest fires in the Appalachians of any size are quite rare due to the significant annual rainful; a fraction of the forest fire activity in the southern and western Rockies.  

Maybe something to consider with pros/cons and you need to run the numbers but that size home would be perfect.

@Jonathan KrauserWhile location is one factor, the biggest factor is the size of the drain line you connect the washer to.