Too many landlords think locking in long leases is to their benefit, when the reality is that it's mostly to the tenant's benefit. 

The income tax may be written off anyways and I benefit from the lower property tax rate.You bring up some solid points.

We're trying to decide between forming the LLC in Ohio or Wyoming.We've heard Wyoming offers stronger anonymity with lower costs, while Ohio might provide specific benefits for in-state real estate.Can someone please elaborate on the advantages and disadvantages of each state for our situation?

Costs will be far lower, but an owner/operator would still get the benefit of staffing and material efficiencies. - You could consider owning those as rentals and leasing out to the businesses. - You could sell the land to an owner/operator who wants to build assisted living. - You could own and operate those yourself and just hire great management or bring in a management company. 

What is the benefit of this shared LLC?

Each strategy offers unique benefits, and it's essential to plan for seasonal fluctuations and consider cash flow vs. appreciation.Good luck!

Great post it gives insight to how you worked the systems and benefited.

In this group, you get many exclusive benefits, including a discounted management fee rate of 9% on all properties managed by PPMG, plus the $250 application fee for new applications is waived.This property will be one of my highest cash-flowing properties.

@Jonathan TiradoReal estate investing is a viable side hustle for full-time professionals, offering a flexible schedule and tax benefits.

I think that there's a spin to your post that needs to incorporate the idea of being "welcoming" and "encouraging" of every member to pursue the long-term benefits of real estate responsibly, even as we of course do not want to encourage irresponsible real estate investing decisions.Curious to hear other's thoughts here.