Generally, the big kicker is when Title is held by a legal entity, you have to use commercial loans which are more expensive and worse terms than your residential loans.If you are doing passive investment, you probably don't have much to protect the LLC isn't warranted. 

There was definitely a risk to our income, so the payment postponements were warranted.

Make sure you understand these things, otherwise you are an easy target. it could be an inexpensive fix, but the word foundation seems to warrant big bucks.

All you questions are valid and really warrant addressing before you jump into something huge like a RE decision. 

Usually, the break even point tends to be about 40 spaces before a full time manager is warranted.

If it is a non-warrantable development, it may not qualify for Fannie Mae and Freddie Mac financing, which can drive down the value.

In addition, there cannot be any late fees, interest or penalties charged to the tenant from March 6 through December 31.What this means for landlords in Jefferson County, Kentucky, is that you will most likely not be able to get an eviction judgment and warrant for possession (sheriff set out) to reclaim your rental property until January of 2021 since the eviction courts in Jefferson County do not hear cases the last 3 weeks of the year.Court dates for evictions are already into October.

Any discussion, advice, questions warranted!

Anyway, if such scenario were to happen, would it warrant the 5-yr (per Eamonn) or the 7-yr (per Michael) recovery period for depreciation?

The short answer is these deals don't exist here in South Florida specifically Palm Beach County.There are tons of us looking for the same type of properties and the market simply doesn't warrant them.