An LLC is potentially one minor factor that might contribute to the evidence that you are running your rental activity as a trade or business, but it's definitely not required that you have an LLC to qualify.

The other potential problem is the term of the proposed renter not sure exactly we are going to deal with their lease when it comes time to sell.  

Is there an energy company (electrical and Gas) that will do roll overs?

Ensure you thoroughly evaluate the lease terms and have a strategy to manage potential delays in finding a buyer.Best regards, Stevan

Plus, Memphis has been seeing some positive neighborhood revitalization, which could lead to nice appreciation down the road.Of course, all the markets you’re considering—Dallas, Austin, Houston, Columbus, Cincinnati, Nashville, and Las Vegas—have their own unique advantages and potential.

., through short-term flips, leveraging existing assets (my 17 properties), and potentially engaging in mixed-use developments—the model ensures that there’s sufficient cash flow to meet investor obligations and fund community programs.Gradual Affordability:Driving down rental prices is a long-term goal.

It checks all my boxes for potential.

It's great but a little more expensive for the potential tenant. 

Lend's the highest potential for such folly. 

I found your post while looking for my own info about doing a potential rezone that would allow for future development in Denver.