Hey Asma,I currently have a SFH with a section-8 tenant under an assignment of contract in 44111 in Cleveland.

Seller Financing Available via Contract for Deed Agreement2.

Small residential properties seem like a headache for them now so I've been fortunate enough to take them over via things like land contracts and creative financing deals to get them out of those properties.

As an agent, I think once you've assigned the contract to the LLC with an "addendum to the contract" you should just be signing as the LLC and whomever owns the LLC. 

Get it under contract to close in 6-12 months when it is done.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

It’s a great way to learn property management and start generating cash flow.Focusing on cosmetic fixes like paint, flooring, or light remodeling is a smart approach too—manageable projects that can still add a lot of value.

A master lease to the organization structured with an annual escalation clause and a term limit - like up to 5 years - was a recommended way to get a contract. 

If you’re keen on keeping your stock portfolio intact, leveraging your home equity via a HELOC or home equity loan could be a smart way to keep that diversification going. 

House hacking a multifamily property is a great way to start in real estate, and your plan to live in one unit while renting out the others is smart.