Then we met in July 2017 and as the story goes fell in love and literally just tied the knot this past weekend.

When we rehabbed his studio the carpet install guys insisted we needed a hazmat cleanup team & literally walked off the job.We got the place & within 30 months (& after a LOT of work & some structural redesign) we got the property approved as a legal 6-plex & the rents are currently $4900/month.

It's literally- heres the code to the lock box and then we submit an offer.I'm going to try submit some offers directly to the listing agent and see if that changes anything.

Literally if you run your business right you can do everything involved with this situation via email and phone calls from your home/office, just to ensure all of your moving-parts are doing fulfilling their roles.

You depreciate up to your basis regardless of your entity type.If you are a single member LLC, then literally nothing changes on your tax return. 

Im gonna use that one, loo not literally for work, but in conversation.

I literally just experienced this today.

I am not saying don't pursue these types of properties, just be prepared and realize you will need to be a much more hands on manager and should probably do some monthly or quarterly inspections to see whats going on inside.D class are paper tigers.. there is just no changing the tenant experience unless your literally there daily watching every thing.. even then your going to run much higher expenses that other rentals.. its just how that tenant class lives.. no mystery to it..  

It is literally just a through wall unit.

Your instinct is right on the money...literally.