Cincy and Dayton are great markets.

Be careful when you select entity types.A pass-through entity in the United States, such as an LLC, may not hold the same characteristics in Canada.What market are you looking to invest in?

Quote from @Matthew Cook: Dig into those comps with a realtor doing business in that market.

If you can get in before a property hits the market, you can often negotiate a great win-win deal for everyone. 

Bham is a great market.

I would keep it at "reasonable market rent" (whatever that means).

Happy to connect and work with anyone trying to expand their business.I am working on building an industrial portfolio of my own - consistently searching and analyzing deals.My main market is Southern California, but I am slowly expanding my lens across the US.Ronald Rhode and Chad Griffiths are the best content creators in the space hands down. 

The market is ALWAYS changing but I know at this time, seasoned investors are getting 80% LTV on DSCR in the 6% range and 90% of PP/100% of renovation if total loan does not exceed 75% of ARV for FixNFlip loans. =)  

With that kind of equity you would be to find a newer, nicely performing Quad in a market that is appreciating. 

Second, in terms of asset protection, LLCs are not invincible, but I think what many don’t understand is that they are not designed to completely shield your assets from liabilities, on the contrary they are designed to contain and isolate liabilities.