Owner Occupied -Proerty Management LLC???

[Ryan Tierney]

Hello all, 

I just went under contract on my first duplex and I will be owner occupying it with a 5% Mass housing loan (Similar to FHA). I am looking to accomplish a couple of things and was wondering what experience you all had with Managing an Owner occupied investment

1. I want to Manage the property myself, but don't want to disclose to tenant that I will be the owner. - So I was planning on having the narrative of - I am the manager of the property and everything will go through me. 

2. I would like to be able to utilize as many tax incentives and write offs as possible and I believe utilizing an LLC for all repairs, maintenance, etc would be a good start.

- Knowing that putting the house into an LLC may trigger a "Due on sale" clause on my lenders end I would like to not take that risk. However, my thought is to make a Property Management LLC and have all Income and Expenses come out of this account. Has anyone done this?

What are your thoughts?? 

Really looking forward to what you all have to say!

- RT