It really does make a huge difference--mostly due to lighting (using a good flash) and the lens.

All of our agents will look at any property with an investment lens. 

Some of the wall sconces are damaged or have missing lens covers and need repair or replacing.

I recommend finding a mentor who can teach you to see through their lens in ways that books/blogs won't be able to.

I hadn't crunched numbers and looked at it through the unsentimental lens of trying to make money.

Maybe in 10 years, when I'm a seasoned investor who has survived the next recession, I will look back at this thread through a different lens.

@Leon Li I've always thought through this lens: " If I'm worried whether someone would be a good tenant or not, it means they won't be."

Originally posted by @Len Fallis:My stance would be to stay with the current PMs policy.

However you'd be out the LLC filing fees in the latter situation, so the LLC would appear to be disadvantageous if viewed solely through the lens of income tax compliance.If you're looking to avoid tax I'd suggest you read up on a "like-kind exchange" aka a "1031 exchange". 

Since interest rates on those loans are currently between 3.85-5.75%, I look at it via a cost benefit lens.