I do not plan on taking any action unless she explicitly asks, which she has not as of yet.

I like to keep arms length from tenants so I like PMs for placement and deal with issues (evictions). 

I let him know if someone feels off so he doesn't bother running them (like someone who had an armed robbery tattooed on her leg.

Hey @Chris Watson, got a question for you:What does it mean to 'secure the building' in your branch of the armed services?

@Matt Shields good call, definitely need to keep the tenants at arms length.

We feel that controlling as many aspects of the business in house will allow us to generate larger profits, and have all the separate arms of the business work together, feeding each other and creating a synergy.Trying to figure out how to explain that to my wife and small children (LOL).

Consider doing so whenever you need to make a point explicitly clear.2.

This is an interpretation, and not something explicitly outlined in the tax code. 

Then if you want to slough the numbers with a justification of how house hacking reduces your monthly mortgage/rent, at least you're armed with the analysis for both scenarios, and can make a qualified decision.Roughly, $500k purchase with $4000 monthly gross rents doesn't hit the 1% rule of monthly gross rents being 1% of the purchase price.

My banker has offer me 2 options.30% down 5.5% 5yr arm max 1% every 5 years 25 yr mortgage in my LLC orFannie Mae 25% down 5.75% fixed 25 year (maybe 30) but in my name, not my LLC.