I have had several Colorado LLCs (single member LLCS with one single family residential rental per LLC, so very small-time) for a decade, and always file my periodic report so am in good standing with the Colorado Secretary of State, but have only just heard that I need to file a BOI report before the end of the year.

They're usually well meaning, but when they get involved with the leasing process, a repair issue, a neighbor complaint, etc,  it always escalates the issue.

Furnished Finder means you will need to have more interaction points to process them and collect payment--- does not mean it's a bad option, but there is less automation involved.

However, managing multiple LLCs can mean higher costs and administrative work (separate bank accounts, annual filings, etc.).It depends on your risk tolerance and ability to stay organized.

Managing a company usually does not involve participating in real estate acquisition, management or construction.

Also there could be a good chance the borrower files BK if they are still alive.

File Bankruptcy and fix your house up and sell it or sell it as is for the amount you said it was worth vs what you have it under contract for now.  4.

At least until you have done your due diligence to understand the steps of being a landlord.Of course they want the address...They always want to see the property before being "prequalified"...There is salesmanship involved with finding a good tenant.

They sent me the Excel files over and I was made to believe it was optional.

From there, talk to the involved parties.