We want to know the best TRUST option, We have 3 rental units in North Carolina and each one of the units is on their own LLC.

What I don't like is seeing the removal of peoples options and freedoms to self select and engage in what they want to do. 

For their three-year, 12% option they give an example of a $1M investment with the following preferred returns:- Without compounding: $360,328.77- With compounding: $431,237.45Taking 12% disbursements over 3 years on $1M would be $120,000 per year, or $360,000 over 3 years.

My budget will be around $200k but I’m meeting with a lender on Tuesday to go over all of my options.

Explore the possibility of doing liability insurance instead, if you don't have much equity it may be your best, and much cheaper option.  

Most who opt for section 8 are purchasing in the lowest barrier neighborhoods where section 8 is the best of bad options.

A knowledgeable attorney can advise here.Create a solid operating agreement: Since you own the condo with a friend, a clear operating agreement is essential to outline responsibilities, decision-making, and profit-sharing for the LLC.To save on costs:Look for real estate attorneys who specialize in investment properties and might offer package deals for the retitling, operating agreement, and filing the LLC.Shop around for title companies that can handle the transfer smoothly and provide competitive rates.Research DIY options for setting up the LLC if your situation is straightforward, though I’d still recommend a lawyer for the transfer process itself.Good luck with the process!

I think I will look into the tax professional option and hopefully have one on my team year round for advice. 

Your best option may be to increase the rent to cover the additional expense.

I know the seacoast of NH has been mentioned here but I wanted to point out a few options that could be considered.Hampton, a popular coastal town, has strong demand for multifamily units near the beach and a robust short-term rental market, especially in summer.