As a single-member LLC, the IRS considers it a disregarded entity, meaning the income, expenses, and other tax-related items will still be reported on your personal tax return via Schedule E.

My understanding is that for a lender to offer PR financing I have to live in the unit within 60 days after closing (Not a problem), I have to live in the unit for the majority of the year (I would live there 8 months May-Nov), and the property needs to be near my place of work or a place I have multiple family members (This is the dead end for me).

Members are allowed to bring in their deals for review and questions, and Chris himself shares his thoughts and insights.

I own it using a personal loan from a family member and I have someone getting me mortgage numbers.

Just a member of the subto community.

A PMC has to deal with whatever property you buy on a DAILY basis - no other team member does.

This is Christian, I'm a new member of the community.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

They were members of a Christian church when my father was alive.Their real estate portoflio to include their primary home is worth 6.2 million, and their passive income rental brings in over $240,000/year.

Lane has contributed to a "Member blog"  at one point, but has not published an article in the last 3 years.