cash flow is going to be found in tougher, niche strategies that are more like a business and less like a passive investment... and LTRs aren't all that passive sometimes either.the benefits to LTR real estate are... 

Thanks for the feedback; some quick stats: 9 doors across 4 states, about 50% LTV ratio with a Net Income of about 17% and cash on cash of about 3%.....in fairness those numbers include some overall business expenses not tied directly to one specific property.

They seem to be trying to use a PMC model designed for Class A properties/tenants for Class B, C and sometimes D.Can't use the same business model for all classes of properties/tenants. 

Send me a PM - our business specializes in designing flips and STRs across the US!

It's too much like the hospitality business rather than a rental. 

Of course we all have to start somewhere but I tell everyone I do business with regardless if it's with me or someone else I always recommend them to build a portfolio.

For structuring your business, consider whether you actually need an LLC or if umbrella insurance might be a simpler alternative.

Im old school...my cpa is in the building next door and I like doing business face to face.

You must have the intent to hold the relinquished property and the replacement property for rental, investment or business use. 

What aspect of their business, the property managment software or investment management software.