If you are looking at macro scale pros/cons consider the stock of housing vs new job creation in each area.

As you age and net worth grows the pendulum tends to swing from more of the portfolio to wealth preservation and outpacing inflation than wealth creation.

Hey BP community,I am an investor with two single family properties in Northwest Arkansas. I currently have these homes in my personal name, but have been debating whether or not to create an LLC for these rentals.I a...

Do you use any of these or outsource the creation of single listing pages? 

So while the partnership may show a loss, the loss would be passed through to your personal return and then be subject to passive activity loss rules.The partnership only creates more of a headache as there will be additional tax filings and fees for creation and ongoing support.Activities inside a partnership are not necessarily taxed any differently than if they were reported on your personal return.

2 different components to the entity creation.

Fairfax county is going through the process of getting their zmod rules done which will allow an easier process to the creation of a dwelling unit like a basement. as far as Arlington is concerned, I don't think you're going to find that kind of place in your price range unless you get really creative with a property no one else wants. 

I’m in Michigan and I’m not sure of the LLC creation process. 

My gut tells me that Texas, particularly Austin and Houston, could be where the next wave of growth and expansion occurs, mainly driven by strong business and job creation trends.Here’s what I’m looking for in my US investments:Free-standing houses with a good land component, at least 3 bedrooms and 2 bathrooms, and in well-maintained condition.Yielding over 6%, with a slight cash flow positive outcome, while also offering medium-term capital appreciation potential.Holding for at least 5 years or more, with a view towards steady growth.The long-term goal is financial independence, reducing reliance on salary-based income, and building assets during this accumulation phase.Debt reduction is on the horizon—looking to consolidate and start winding down debt within the next 7 years.If anyone has experience investing in the Texas real estate market or any tips on navigating US property investments, feel free to share your thoughts!

Yes I am looking for markets with strong urban renewal, high job creation and a young educated workforce.