Those properties won't look as good on paper, but they'll perform MUCH better in real life. 

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

If you are looking for loans on real estate or a business lenders don’t necessarily care about the credit history of the LLC - they care about the performance of the asset and your creditworthiness since you will most likely have to sign personally.I have established multiple LLCs just days before closing on large loans for different assets, those particular entities barely existed and the banks did not care.If you are talking about pulling a business line of credit (like a HELOC, but against your business equity) then the banks like to see some history of revenue.

.$1396.99 2023 LG OLED 65" 4k Evo TV Magic Remote Alexa Built in - https://www.amazon.com/gp/product/B0BVXDPZP3/ref=ewc_pr_img_...Ok so this is a stretch for a lot of us, but if you have a higher end rental, an OLED TV is super nice.

But if set up correctly, they can be more consistent performers over time and have more predictable cash flow. 

She’s busy as is and I perform all the real estate related items.

Unless you have extensive experience representing yourself, I recommend using an agent.

The three ways to handle the risk are (1) gaining knowledge and experience in both investment in general and in the area you’re investing in specifically (2) extensive due diligence and when the inevitable bad outcomes occur despite (1) and (2) then (3) diversification.  

Make sure you put in your contract with the GC some performance incentives to make sure the renovation is done on a timely manner.

Try to get a cashout refinance to see what the bank thinks it’s worth and how the business would perform with debt.