To me, the deciding factor on whether it's a business (job) or an investment is how you structure it and your roll within the operation.the reason why I say its not an investment like most BP folks think about it.. is that there is turn over your not out sourcing your PM .. if you have a no pay your the one doing the eviction.. you usually need a form of advertising going all the time.. but I understand what you have and where they probably are.. those are great mom and pop business's and are in most every small berg in America.. 

This sounds like a "no-brainer?" 

In my opinion, the private flood options rate maps are more accurate at assessing the “true risk” and associating a premium with it.That being said if your property is in an X-flood zone (those not required by lenders to have flood insurance) then the government policy (which is subsidized) is a no-brainer you get great coverage at a low cost. 

From a cashflow prospective it's a no brainer, but I want the property to be held in my LLC.  

A few points:-it is in a no rent control part of LA-rents are locked in a recent lease for one unit and can be raised in the other unit-it would require a pretty substantial increase in the down payment to break even on the monthly, which I am able but unwilling to doFor those who have pointed out that I should have run the numbers sooner, they are correct.

If you are able to find another investment that cash flows $375, that seems like a no brainer to me.

The lease has to be at least 30 years, but can run up to 99 years.This investor says he has great success at it, as he targets owners of small commercial properties who owned it for a long time, too old and tired to handle the operational responsibility, but can't sell because of the capital gains issues.In fact, he started on this type of investment as a no money down approach to acquiring properties, which turned into helping sellers with capital gains issues.Honestly I think it's simpler than a 1031, for the lessor that is.

They're only $85 I think, and my utility kicks in $75 so it's a no brainer.

While the hoa might believe there is a "no-renting" policy, its not always that clear-cut.

After meeting with the owner it was a no brainer that this would be a great buy and hold opportunity.Consistent And on time Rent.