The new lease between us was also a benefit to her because then she had instructions on where to send her payment portion. 

There could be draws made too but it would have to be listed in the closing documents in the title company instructions if that's the case. 

Features:3/2 with flex room (4th bedroom possible with frame out closet in large flex room)Large open concept living/kitchenNew roof (architectural shingles, 2017)A/C 7 years old (manufactured 2010)Front and back wooden deckSmall neighborhood, 7 minutes to uptownAcross the street from Elementary SchoolVaulted CeilingsOriginal Hardwoods in living areas and hallwaysFenced in yardStainless steel range and dishwasherWHAT IT NEEDSMaster bath remodel (there is a very accessibly crawl space, so this should be easy according to the contractors I've spoken with)Reconditioning of hardwoodsNew CarpetPaintRefrigeratorNew interior doorsMinor landscaping (one tree removal)ARV: $220,000Repairs: $20,000LIST: $175,000 What made you interested in investing in this type of deal?

Instructions must be followed. 

This stands in direct opposition to a capital intensive industry such as manufacturing where employee and owner skill may be less important than the company's fixed asset profile.While S179 is a valid strategy in the attempt to drive a taxpayer's taxable income below the 'threshold amount' so the SSTB receives the un-phased out Sec 199A deduction, a SSTB may not have the investments in fixed assets necessary to drive them below the threshold during the year unless they're already very close to the threshold.Some other ideas for taxpayers owning a SSTB to lower their taxable income:Roll taxable bonds into tax-exempt bonds.Life insurance & annuities.Real estate (it's BP after all).Oil and gas investments.Charitable gifts (including CRTs).Gifts to taxpayers with lower taxable income (powerful option is to gift a percentage of the business to a trust).If a SSTB is well above the threshold, a compelling case could be made that the business should be a C Corp in the current tax environment. 

But you don't need that - you only need to have a good bookkeeping system setup such way that it will allow you clear separation of incomes and expenses for each child Series-LLC (at least that's what I was instructed by my lawyer).Can you register or convert an LLC as a Series-LLC?

It's zoned right now as agriculture.   6 miles from a FTZ that has two 100k sf spec buildings that house food manufacturers.   

The only 2 violations you can say no without cause is drug trafficking and manufacturing.

I have included detailed instructions and answered specific questions they have. 

There's a nice 3/2 manufactured home (permanent wood framed per tax record) and a nice mobile home.