@Vernon Huffmanthose are paper numbers - it won't actually turn out like that in practice. 

If you just like to delegate to others and pay “specialists” for your convenience and time, and just drop your papers at your CPA and let him figure out things, you might be better served either by having the CPA do the DIY CSS, or just go without a CSS and the regular linear depreciation.Lastly: Don’t ask an insurance salesman if you need to buy insurance.

.#1 - Set clear goals, #2 - Write everything down on paper

I have also come across vinyl contact paper.

@Kalen AdamsonNot tax advice as a cpa can respond but typically when you cash in stocks that gain is taxed (if owned for a while at qualified dividend rate).You could take the cash, hold money for taxes and put that money as a contribution to the LLC and then start investing in real estateIf you invest in real estate you may get depreciation etc whixh could be paper loss and potential reduce tax obligation but the entire picture needs to be looked at

There's a difference in the order of payouts in the event of a claim.Don't be afraid of holding paper, its a beautiful thing.

I always wanted to pursue an entrepreneurial route and didn't believe I needed to go $30,000 into debt to get a piece of paper to do so.

No need to test just be careful with it (don't eat, wear respirators, clean up thoroughly, have drop cloths/paper down, and disclose it to buyers). 

I have a long distance SFH that cashflows about 500-600/mo on paper and have owned it for 3 years.

I agree with many others who have said they love the concept, but unless the data has a high degree of accuracy & integrity, it isn't worth the "paper" it's printed on.