@Joseph Whitton it’ll be super great with hurricane season...be sure to carry good insurance on them.

Thanks Kyle - this is super helpful.  

If you’re talking single family homes maybe when you get to 20 plus it is different.

Thanks for taking the time to read my post.I'm a Canadian who had been investing in single family home in AZ for 3 years.

I was super excited when it was only at like $16k a few hours before the auction ended, but by 7am it sold for just shy of $100k - piece of land with similar qualities sold for more than 3 times that earlier this month, so still don't think the winner got a bad deal I just don't have that budget.I couldn't bring myself to pay several hundred for a piece of land I couldn't even legally build anything on.I have a feeling other counties farther from Boise and perhaps without the online auctions may have better deals.Still, it was a really good learning experience.

I bought a single family home with 5% down that I fixed up while living there, then got a HELOC and turned it into a rental.

Insurance will be more expensive for investment properties compared to your single family homes. 

Currently I have one active single family rental and have a second one closing on in a few weeks. 

It sounds super sexy, and can be a way to generate capital, but you'll quickly learn it's way harder than it sounds. 

If the LLC is a single member LLC that chooses to be taxed as a sold proprietor (meaning it doesn't file it's own tax return and all activity of the property is reported on your personal tax return) the the IRS still views you as the tax payer for the property regardless that the LLC is the deed holder.