I’m considering taking this down myself if I can’t sell it, but wanted to see what the community here thinks.The property is a five bedroom two and a half bath victorian era home in Greeley, CO.

Quote from @Joseph Mena: Looking to close on another investment property  Congrats!

Split the APN for each property then they will be treated as individuals. 

We use Hiscox for our insurance with our business, not sure if it works for property but its worth a try. 

What about property tax prorations. 

This provision, through the Affordable Homes Act, make ADUs legal BY RIGHT in any single family zoned property in the state.

If I were in your shoes, I’d focus on house hacking in Phoenix by exploring multi-family properties or using the BRRRR strategy with undervalued single-family homes.

There will be an auction in a couple of weeks of properties located throughout Monroe County and I want to take part.

Quote from @Karen Kwak: I just purchsed a property under series llc.

@Daniel GrantzRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?