Turning a $55,000 purchase with $65,000 in renovation costs into a property now worth $140,000 shows strong value creation.

This started as a small grass roots movement that has quickly escalated and now has the support of Kansas City's new Mayor, Quinten Lucas, as well as the majority of the City Council.If this proposal is allowed to continue as proposed you will no longer be able to take the following information into consideration when screening tenants.Source of IncomeNo criminal background checksNo credit checksCan not take previous eviction history into considerationMust work with Section 8, Housing Voucher ProgramsIn additional to these restrictions, we would also see the creation of a fourth city bureaucracy to oversee rental properties (in addition to codes department, Healthy Homes, and Human Relations/Fair Housing)What do you guys think?

Especially given how well the Texas economy is performing, and all the job creation taking place here; also given my familiarity with the market.

You can use an entity creation platform like Zenbusiness or Legalzoom to incorporate but you'll want to make sure you understand best tax / legal structure before you use one of these platforms to create an entity.

When this happens the fancy/complicated entity structure is useless protection-wise.Lots of attorneys out there who will sell you a $10k+ entity structure that doesn't mesh with your operations as you scale your portfolio and team.Also, ensure your REI-savvy tax pro and your REI-savvy attorney link up during the entity structure creation process so things are optimal on all sides.Just something to keep in mind as you're beginning this journey.

In particular would be great to connect with others in the Miami/FL community as well as people with experience in foreign investing (I have interest in South America for long term value creation).  

I do not want to turn into a x3 unit building due to creation of HOA etc.

Like many of you, owning Real Estate is part of my plan for long term wealth creation, but I've been stuck in a rut of just pure knowledge consumption for the last 3 years without any real moves. 

Mailers as a mono-action to lead creation is ridiculous, and this form of marketing has never been designed for such any more than a billboard is for getting "leads". 

My better half looked at my creation when we got home and named it "Lawnmower Mouse" for a reason.I hear you on the shades.