I also looked for landlord friendly areas (which roughly corresponds to red states on a political map). 

Correspond in writing.

Since people keep bringing up Italy's numbers, let's look at a flu study done on Italy:https://www.sciencedirect.com/...Highlights•In the winter seasons from 2013/14 to 2016/17, an estimated average of 5,290,000 ILI cases occurred in Italy, corresponding to an incidence of 9%.

They are waiting for prices to fall to correspond with the rate increases or they are waiting for rates to decrease.  

Then, you'd form the LLC that will take Title in the corresponding State withe anonymity LLC being the member. 

The more frequent the turnover, the more time required and the corresponding higher cost.There are also market variables, dependent on the property location.So, you are basically correct with your theory:)

Print email & text, note phone correspondence. 

For example, if the property is worth $100,000 it would be as if you took cash in the amount of $100,000 out of your IRA (which would require that you report an additional $100,000 of income and pay the corresponding taxes).3.

Again, I reference the '80's, check out those rates of 12%+, and please find the corresponding market "crash".

I keep each of these sheets to total incomes at the end of the year.I keep a folder for each property and put corresponding receipts and all invoices for each property in its folder and don't have to sort them all out at years end.I know this seems like the caveman way to some but it works for me and I have 34 units.