We renovated the SFH and converted the garage to a 2-bed ADU.

If you can get land for a good price and let's say build a modern quad with 1200 sqft 2 bed 2 bath units and garages for $200/sqft you are looking at about a million.

Some, like ours, focus on offering optional services such as renters insurance or washer/dryer rentals without requiring tenants to opt into a full package.When choosing a property manager, I recommend asking about the structure and purpose of any fees.

You might choose not to renew leases, make improvements, and then raise rents after taking over.

Again, the LLC does nothing except own public securities.Here is the relevant language:Exclusion From Partnership RulesCertain partnerships that do not actively conduct a business can choose to be completely or partially excluded from being treated as partnerships for federal income tax purposes.

If you choose not to rebuild/replace your settlement would usually be for actual cash value.It's unlikely you can get a settlement for above the coverage amount you paid for.

Why did you choose to invest in the South and not in Pittsburgh itself?

Investment Info:
Single-family residence buy & hold investment.

Purchase price: $140,000 in Nov. 2005

Sale price: $175,000 in July 2007
1872 square foot single family home with no garage. Nice f...

 @Raif Jochim without knowing details of each loan, I would almost always choose the primary home.

Just make sure you draft an operating agreement that outlines responsibilities and expectations.For financing, and if you choose to go through an LLC, DSCR loans will be a great tool.