Do you have to have phone service at the property?

@M Amin You may want to exercise caution when using a series LLC for commercial property.

Thus paying less total interest on both properties.

We put “all pets subject to owner approval in our rental listing”.Absolutely 110% charge a $250-$500 (these are the normal ranges) nonrefundable pet fee + monthly pet rent.

Then the seller gets that exact amount for the property at times (it's a low percentage but it happens).

Obviously, it's not beneficial to every property/owner, but we do see many investors benefit from it.

This number carries over into the two replacement properties.You don't mention capitalized improvements so I have to assume that your adjusted cost basis in the relinquished property is $230k. 

Multifamily property management is quite different than single family, I have done both. 

With the exception of building a trailer on the property (these are hard to finance), this sounds like a good plan AND if you are using it for your business AND your business pays more than 50% of the rent (if you have more than 1 tenant), then this is a more financeable property in the eyes of banks and credit unions as it would be consider a commercial "owner-occupied" property. Owner

Inadvertently the property owner creates an adversarial relationship with tenants.