If the LLC will be the name your management, then where you do business from.Property Management:Bare minimum management = 10%-15%Typical PM, not full service, but they manage it very well = 20-25%Usually "full service", meaning they provide linens, keep it stocked- coffee, tp, whatever is needed, book tenants, cleaning(still paid by tenant), everything.

Check out two bedrooms and see if a little clever engineering could make a 3 bed.

Totally dilapidated House ( nearly a tear down  )   on 6 acres upstate New York in hot area. currently in foreclosure , couple living there , but need to sell before going to auction next week . Asking $225 , multiple...

I always thought that was a super clever idea. 

It's clever, but the real winners are the ones who on real estate.

You can screw up a deal very quickly trying to be nice or trying to be too clever or . . . 

You already have all the furnishings, linens, etc.

So clever.

They were extremely clever in the way they hid all their ugliness.

About half, 54%, of those who own their own home say they’d consider renting it out through a service like Airbnb, according to a recent survey of 1,000 people by real estate data company Clever.